Yes. Federal law allows credit unions to charge non-interest charges and fees, including deposit account service charges. All fees should be determined on a competitive basis within the market. Each credit union should make the decision on the type, amount, and method of calculation based on sound credit union judgment, and safe and sound business practices. 

Credit unions are required to disclose any fees associated with its deposit accounts to you at the time accounts are established. Therefore, you may want to review your account agreement with the credit union as well as the current fee schedule. 

If you believe that your credit union imposes high account fees, shop around—and purchase your financial services accordingly.