Service Fees - Full list

Eligible Transaction Fee Schedule

This fee schedule is effective as of May 1, 2015. Additional changes will take effect on October 1, 2016 (these changes are marked in the fee list below). All fees and charges are subject to change without notice. E.&.O.E.

In-Branch Personal Banking

Deposit (1) FREE
Cash withdrawal (1) FREE
Transfer (1) FREE
Bill payment* $1.50
Statement FREE
USD Cash withdrawal $1.00
USD Cheque or Cash Deposit FREE
USD Currency Purchase / sale Current exchange rate

In-Branch ucubiz Banking

Deposit min $1.00
Cash withdrawal (1) min $1.00
Transfer $0.75
Bill payment min $2.00
Other debits (3) $0.75
Interim statement $2.50
USD Currency Purchase / sale min $2.00 + Current exchange rate

In-branch ucuCommunity Banking

Applies only to accounts operated by community organizations.  

Deposit FREE
Cash withdrawal (1) FREE
Transfer (2) FREE
Other debits (3) $0.75
USD Currency Purchase / sale Current exchange rate
Interim statement FREE

 

Telephone Banking

 

Transfer FREE
Bill payment FREE
Balance inquiry FREE
Other inquiry FREE

Online Homebanking

 

Transfer (4) FREE
Bill payment FREE
Balance inquiry FREE
Other inquiry FREE
eStatements FREE

Debit Card (e-Services Card)

Service Account type Fee

UCU ATM – All Available Transactions and Inquiries

All accounts FREE

The Exchange NETWORK ATM – All Available Transactions and Inquiries

All accounts FREE

Other CDN ATM – Cash Withdrawal*

Personal, ucubiz $1.50 + ATM surcharge

Other CDN ATM – Cash Withdrawal

ucuCommunity FREE

International ATM - Cash Withdrawal*

All accounts $3.00 + ATM surcharge

Other ATMs – Transfer Out

ucubiz $0.75 / item

Other ATMs – Transfer Out

ucuCommunity FREE

Interac Point-of-Sale (POS)

Personal

$0.45 / purchase

$0.50 / purchase as of October 1, 2016

Interac Point-of-Sale (POS)

ucubiz $0.75 / purchase

Interac Point-of-Sale (POS)

ucuCommunity FREE

Secondary Card

All accounts FREE

Replacement Card

All accounts $5.00

Clearing Charges

Service Account type Fee
Cheque Clearing Personal

FREE

$0.50 as of October 1, 2016

Cheque Clearing ucubiz $0.75 / item
Cheque Clearing ucuCommunity FREE
Cheque Clearing (USD account) All accounts $1.35 / item
Cheque Clearing (USD cheque on non-USD account) All accounts $10.00 / item
Use of counter cheque All accounts $10.00 / item
Cheque chargebacks All accounts $5.00 / item
EFT / AFT / PAP withdrawal (from UCU Account to other FI)* Personal $0.50 (effective October 1, 2016)
EFT / AFT / PAP withdrawal ucubiz $0.75 / item
EFT / AFT / PAP withdrawal ucuCommunity FREE
EFT / AFT / PAP deposit All accounts FREE
Line-of-credit overdraft All accounts Cureent OD interest rate
NSF (non-sufficient funds) cheque /EFT / AFT / PAP* All accounts $45.00 / item
Cheque / EFT / AFT / PAP drawn on savings account All accounts $10.00 / item
EFT / AFT tracing All accounts $25.00 / item
Personalized chequebook All accounts Printer's cost
1st personalized chequebook of 50 cheques Personal FREE

Account transactions

Service Account type Fee
Interac email eTransfer - send All accounts $1.50 / item
Interac email eTransfer - receive All accounts FREE
Deposit or cash government cheque All accounts FREE
Counter cheque All accounts $2.00 / item
Item received on collection - incoming All accounts FREE
Iten sent on collection - outgoing All accounts $25.00 / item
Post-dated item All accounts $2.00 / item
Stop payment (with full details)* All accounts $10.00 / item
Stop payment (with partial details) All accounts $15.00 / item
EUR and GBP cheque deposit All accounts $3.00

 

Written Payment Instructions

Service Account type Fee
Certified Cheque* Personal $8.00
Certified Cheque ucubiz $10.00
Certified Cheque ucuCommunity $10.00
Certified Cheque - for third party All accounts $20.00
Official cheque (1)* Personal $10.00
Official cheque (1) ucubiz $10.00
Official cheque (1) ucuCommunity $10.00
Draft (1) (money order) up to $50,000 All accounts $10.00 CAD

Wiring Funds

Service Account Type Fee
Within Canada All accounts Cost of wire + $35.00 CAD
To US All accounts Cost of wire + $35.00 CAD
Internationally All accounts Cost of wire + $50.00 USD or $35 CAD
Incoming wire All accounts $10.00 (both currencies)

Foreign Currency Transactions

Service Account type Fee
USD cash withdrawal* Personal $1.00
USD cash withdrawal ucubiz min $1.00
USD cash withdrawal ucuCommunity FREE
USD cheque or cash deposit Personal FREE
USD deposit ucubiz min $1.00
USD currency purchase / sale Personal Current exchange rate
USD currency purchase / sale ucubiz min $2.00 + current exchange rate
USD currency purchase / sale ucuCommunity Current exchange rate
USD Travelex draft (money order) up to $50,000 All accounts USD $5.00
USD official cheque* All accounts USD $10.00
Order USD cash to branch All accounts Delivery cost + $10.00

Safety Deposit Box Leasing (8)

Box size Account type Fee
Petite All accounts $35.00
Small All accounts $45.00
Medium All accounts $55.00
Medium-large All accounts $60.00
Large All accounts $75.00
Super-large All accounts $125.00
Super-large plus (St. Catharines only) All accounts $175.00
Extra large All accounts $200.00
Seniors lease discount Personal 10% off regular cost
Replacement keys All accounts Locksmith's cost + $10.00

Account Information

Service Account type Fee
Statements
Quarterly statements by post Personal FREE
Monthly statements by post ucubiz $3.00 / month
Monthly statements by post ucuCommunity FREE
Interim statement in-branch ucubiz $2.50
Interim statement in-branch ucuCommunity FREE
Duplicate monthly statements / certificates All accounts $5.00 per month
Duplicate tax receipts Personal $10.00 / item
Audit confirmation Personal min. $20.00
Audit / bank confirmation ucubiz min. $60.00
Certificate of account balance Personal $15.00
Certificate of account balance - other All accounts $25.00
Credit rating to third party ucubiz $40.00
Inactive and Dormant Accounts
Inactive account 1 year All accounts $10.00
Inactive account 2 years All accounts $15.00
Inactive account 3 years or more All accounts $25.00 / annually
Search of records
Within 30 days All accounts $2.50 / item
After 1 month All accounts $30.00 / hr. or min $15.00
Searches for an account All accounts $15.00
Account information / enquiry All accounts $5.00

Residential Mortgages

Service Account type Fee
Appraisal fee Personal At cost
Inspection fee (drive by) Personal min. $100.00
Pre-approved mortgage Personal FREE
Letters of opinion for assignments Personal At cost
Assumption fee Personal $300.00
MPAC evaluation fee Personal $100.00
Increase payment Personal from $50.00
Principal prepayment Personal Applicable penalty
Amendment payment option Personal $50.00
Amending variale rate mortgage payments Personal min. $150.00
Request for property tax confirmation Personal $30.00
Renewal fee Personal $100.00
Mortgage administration fee Personal $300.00
Early discharge fee Personal min. $300 + applicable penalty
Discharge statement fee Personal $50.00
Amending registered mortgage agreement Personal $250.00
Mortgage information statement Personal $50.00

Miscellaneous

Service Fee
Personal accounts
Cash supplied - per bundle(5) $0.35
Coin supplied - per roll $0.10
Coin deposit(7) (excluding children's accounts) $0.35 per roll
MasterCard® Guarantee $100.00
Canadian passport guarantor service FREE
Notary public service FREE
Estate administration min. $25.00
Estate maintenance min. $25.00 / year
Registered Products
RRSP withdrawal* $50.00 as of May 1 2015
RRSP withdrawal within 90 days* $75.00
RRSP Home Buyer's Plan (HBP) withdrawal $25.00
RRSP Lifelong Learning Plan (LLP) withdrawal $25.00
Early collapse of RRSP (within 6 months) $50.00
RRSP / RIF / TFSA transfer out (T2033)* $50.00 as of May 1, 2015
RRSP / RIF / TFSA transfer out (T2033) within 90 days* $75.00 as of May 1, 2015
Third party demand remittance $20.00
ucubiz accounts
Mail deposit min of $1.00
Chequebook Printer's cost
Coin(5) / Cash supplied $0.50 per $100.00 ordered
Coin deposit(7) $1.00 per $100.00 deposited
Overdraft protection application $25.00
Cash management (CAFT) Provider's cost
ucuCommunity accounts
Monthly statements by post FREE
Mail deposit FREE
Chequebook Printer's cost
Coin(5) / Cash supplied FREE
Coin deposit(7) FREE
Overdraft protection application $25.00
Cash management (CAFT) Provider's cost
All accounts
Locating fee min. $10.00
Heavy mailing min. $2.00
Night deposit bags $35.00/yr. or each use $10.00
Loss of night deposit bag $40.00
Loss of night deposit box keys $40.00

Closing of Accounts

Service Account Type Fee
Balance of account transfer All accounts $25.00
Withdrawal from membership All accounts $25.00
Withdrawal from membership within 90 days All accounts $50.00
RESP transfer out Personal $25.00

Consumer Credit

Service Account Type Fee
Bridge financing All accounts min. $300.00
PPSA registration / search fee for terms of three years or less All accounts $75.00
PPSA registration / search fee for terms greater than three years All accounts $100.00
Credit ratings to other financial institutions
Written All accounts min. $50.00
Loan Amendment All accounts min. $35.00

Commercial Mortgages

Service Account Type Fee
Application fee - first mortgage Commercial min. 0.05% of loan amt.
Application fee - second mortgage Commercial min. 0.50% of loan amt.
Appraisal fee Commercial At cost
Commitment fee Commercial min. $500.00 or 0.50%
Annual review fee Commercial min. $150.00
Renewal fee Commercial $200.00

Commercial Credit

Service Account Type Fee
Letters of Credit Commercial min. $100.00 or 2% per year
Corporation profile report Commercial $100.00
Revisions to and increases to requests for prefunding Commercial min. $100.00 or 0.25%
Short duration credit Commercial min. $500.00 or 0.75%
Commercial credit application fee Commercial as needed
Annual review Commercial min. $150.00
Annual review non-reporting fee Commercial $500.00
Special supervision Commercial min. $1,000.00 / year

ucu Plus Seniors' Accounts

Service Fee
In-branch bill payment FREE
Money orders / official cheques(1) FREE
All transactions FREE
EFT / AFT / PAP FREE
Passbook FREE
Spousal debit card FREE (on joint accounts)
Post-dated deposits FREE
Interac point-of-sale (POS) 3 FREE per month, then $0.45 / purchase
UCU ATM transactions FREE
THE EXCHANGE Network ATMs FREE
Other Canadian ATMs $1.00 + ATM surcharge
Personalized Cheques First 50 FREE, 25% off any additional cheque orders
Quarterly statements by post FREE
Stop-payment 50% discount off regular fee
Safe deposit box 10% discount off list prices
Wealth Strategies Group Fees 10% discount

youth unlimited account

Age Benefits added

Basic account services

(5-24 year old)

  • FREE deposits, withdrawals and transfers
  • FREE passbook
  • FREE monthly statements
  • No monthly maintenance fees
  • No minimum balance required
  • Preferred interest on the first $1,000 (+0.25% above the UCU rate for regular savings accounts)
  • Fat Cat Membership Card
  • Special Gifts, Events and Rewards
(issued to members up to 10 years old)

Tween benefits added

(11-24 year old)

  • FREE UCU Youth Unlimited debit card (subject to parental consent)
  • FREE access to UCU & 2,500+ THE EXCHANGE® Network ATMs
  • 3 FREE ATM withdrawals at any bank (not including service charges by other financial institutions)
  • FREE Interac POS TIP: Ask for cashback to avoid ATM fees!
  • Optional: add unlimited free ATM withdrawals at any bank in Canada (not including service charges by other financial institutions) with a monthly fee. Ask us for details
  • FREE telephone, web, text and ucumobile™ banking for maximum convenience

Teen benefits added

(16-24 year old)

  • FREE personalized cheques
  • FREE cheque clearing
  • FREE bill payments

Student benefits added

(18-24 year old)

  • FEE-FREE Student Mastercard® (subject to approval)
  • Student Line of Credit (subject to approval)
  • Opportunities for various scholarships.

 

Miscellaneous Loan & Mortgage Fees - All accounts

Service Fee
Late loan / mortgage payments $45.00
Prepare discharge (as requested by borrower) min. $200.00
Register discharge (as requested by borrower) At cost

 

Notes

  1. All currencies. ucublu products do not apply.
  2. At-the-counter.
  3. All other at-the-counter Branch debits, unspecified fees.
  4. CAD currency only. ucublu products do not apply.
  5. Must be minimum of $45.00 requested.
  6. Must be active member (over 3 years).
  7. Sorted, counted and rolled.
  8. Available in select branches. Contact your branch for details.
 

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