Service Fees
Personal Service Fees
To maintain our high standards and continue providing exceptional products and services, we are implementing an increase in account package and service fees as of February 3, 2025. Please take a moment to review the changes below.
| Service | Current Fees | New Fees (effective February 3) |
|---|---|---|
| Deposits | Free | Free |
| Cheques, debits, transfers, and withdrawals on personal chequing | $0.65 | $0.75 |
| Cheques, debits, transfers, and withdrawals on savings | $1.00 | $1.50 |
| Withdrawals on TFSA (first is free) 1,2 | $3.00 | $3.00 |
| Cheques and debits on personal USD accounts | $0.90 | $1.25 |
| CU BY PHONE® and online banking bill payments - chequing | $0.50 | $0.65 |
| CU BY PHONE and online banking bill payments - savings | $0.50 | $0.65 |
| Pre-authorized debits | $0.55 | $0.75 |
| Pre-authorized debit change (member-initiated) | $10.00 | $10.00 |
| POS withdrawals (chequing) | $0.55 | $0.75 |
| POS Withdrawals (savings) | $0.55 | $0.75 |
| Interac e-Transfer® | $0.65 | $1.00 |
| ATM Fees | ||
| Deposits at Canadian credit unions | Free | Free |
| Withdrawals at SCU | $0.55 | $0.55 |
| Withdrawals at Canadian credit unions | $0.55 | $0.55 |
| Withdrawals at Interac ATM's in Canada | $1.50 | $1.50 |
| Withdrawals in the U.S. | $3.50 | $3.50 |
| International withdrawals and purchases3 | $3.50 | $3.50 |
| Service Fee | ||
| USD cheques on CAD accounts | $10.00 | $15.00 |
| Non-encoded cheques | $5.00 | $5.00 |
| Cheque copies, in-branch | $1.00 | $1.00 |
| Paper statement | $2.00 | $2.00 |
| Additional statement print-out | $5.00 | $5.00 |
| Post-dated cheque handling | $1.00 | $5.00 |
| NSF items | $35.00 | $45.00 |
| Charge back | $5.00 | $5.00 |
| Overdraft items | $5.00 | $5.00 |
| Stop-payments | $10.00 | $10.00 |
| Official cheque to member | $10.00 | $10.00 |
| Official cheque to non-member | $15.00 | $15.00 |
| Registered product transfer-out fee (RRSP/RRIF/TFSA/RESP/RDSP) | $50.00 | $75.00 |
| T3 return filing fee | $195.00/T3 Return | $275.00/T3 Return |
| Duplicate Tax Slip | $10.00 | $10.00 |
| CAD money order | $5.00 | $5.00 |
| USD moneygram drafts | $5.00 | $7.50 |
| Convera (formerly Western Union) USD/foreign draft | $13.00 | $13.00 |
| High Interest Savings Accounts accrued interest closure fee4 | 10% | 10% |
1. First monthly transfer from a TFSA is free. Subsequent withdrawals are subject to fees as above, charged at the end of the month. Please ensure funds are available in your TFSA for any fees.
2. A minimum balance of $5.00 is required in a variable TFSA and RRSP to keep the contract open, unless there are other assets in the contract or the account will receive pre-authorized transfers.
3. A 2.50% service fee on the POS purchase price is applied on top of the $3.50 fee. 4. 10% fee on accrued interest when closing all High Interest Savings Accounts during the year.