Bragg Mutual FCU
Bragg Mutual FCU

Dormant Accounts

We have received feedback from our members regarding the Dormant fee for non-active accounts and we would like to offer some clarification.

Here are the conditions which will cause an account to become dormant (with a fee assessed):

If the member has a savings account only with a balance less than $100.00 and has had no transactions for at least six months, the account will go dormant and a monthly fee will be assessed on the account.


Under these conditions, the account will not become dormant (and no fee will be assessed):

If the savings account has a balance of $100.00 or more, the account will not go dormant even after six months of no transactions (and no fee will be assessed).

If the savings account has a balance of less than $100.00 but has had monthly activity, the account will not go dormant (and no fee will be assessed).

If the savings account is accruing dividends, the account will not go dormant. The dividend payments count as transactions, keeping the account from going dormant (and no fee will be assessed).


If you have a savings account that you do not use regularly, consider the following tips:

Consider scheduling a monthly transfer to (or even from) the account. The transaction will keep the account from going dormant.

Consider a monthly deposit (or withdrawal) from the account. Any amount will be sufficient to keep the account from going dormant.

It’s Better Banking for Everyone.

PHONE (910) 222-1500