Golden Age Savings Account

For clients age 60 and over – earn interest with easy access to your money.

At your request we can convert your existing savings account to our Golden Age Savings Account to earn a higher yield on your deposits while maintaining access to your funds.

At Golden Horseshoe Credit Union, we want you to enjoy your ‘golden years’. When you turn 60 you qualify for our Golden Age Package Plan* The benefits included in the Golden Age Package plan are:

  • free unlimited cheque writing
  • electronic funds transfers (e.g. automatic bill payments/ mortgage or loan payments going to other financial institutions, not e-transfers)
  • use of other ATMs* (including US or International)
  • direct payment (P.O.S), bill payments (at the counter and online)
  • telephone transfers.

* based on primary account holder or joint account holding spouse attaining the age of 60.
* you may still be charged from the financial institution who operates the ATM. You will not be charged by Golden Horseshoe Credit Union.

Golden Age Savings Account


Interest is paid quarterly: March, June, September, and December


Golden Age Account Fees

Golden Account Fees

As of Jan 1, 2023
Fee Type
Golden Age Package Plan

Monthly Package Plan

Free for 60+

Cheque Writing & EFTs
(electronic fund transfers)

Free – unlimited transactions

Golden Horseshoe Credit Union ATM

Free – unlimited transactions

Other Institutions ATMs – Interac

Free – unlimited transactions

U.S. or International ATMs

Free – unlimited transactions

Direct Payment

Free – unlimited transactions



Bill Payment – Counter

Free – unlimited transactions

Bill Payment – Online

Free – unlimited transactions

Stop Payments


Certified Cheques


NSF Cheques / Pre-authorized Payments


Transfers to cover Overdraft if done by the Credit Union


Telephone Transfers

Free – unlimited transactions

Personalized Cheques

50 Free per Year

Unauthorized Overdraft & / or going over Limit of Authorized Overdraft or Line of Credit