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Business Overdraft Protection

A business overdraft protection facility attached to your business chequing account will ensure cheques and pre-authorized debits, etc. will be covered up to your authorized limit. Available up to $10,000. A $5.00 monthly fee will be charged to your associated account.*

We'll need to see some documentation to get started on the approval process**. Please be prepared to provide the following:

  • Up to three of the most current business year-end financial statements
  • Confirmation that all CRA business taxes and HST filings are up-to-date and no taxes are owing
  • Personal identification (two pieces of legal ID including one photo ID)
  • Description and history of your business, cash flow projections, etc.

Apply at your local branch today.

*Standard Business Overdraft Rates will apply.

**Subject to credit union approval