The monthly rate charged is $0.92 per $1,000 of balances for single accounts and $1.75 per $1,000 of balances for joint accounts.
For example, if you have $30,000 of outstanding balances at your statement date, you would see a $27.60 charge as a single account holder and a $52.50 charge as a joint account holder in the following statement. Fees are always paid for balances in arrears.
This fee will show up on your monthly statement as a separate charge. As long as you are current on paying these fees, you will be able to file a claim in the event of involuntary job loss.