Products & Services Guide Fees

Chequing Account Fees As Of February 1st 2017

Fee Type Regular
Chequing Account
Chequing
Package Plan
Golden Age
Package
Plan
Monthly Package Plan  n/a $8.00 Free for 60+
Cheque Writing & EFTs (electronic fund transfers) $0.65 Free – unlimited transactions Free – unlimited transactions
Golden Horseshoe Credit Union ATM Free – unlimited transactions Free – unlimited transactions Free – unlimited transactions
Other Institution ATMs – Interac $1.50 Free – unlimited transactions Free – unlimited transactions
U.S. or International ATMs $3.00 Free – unlimited transactions Free – unlimited transactions
Direct Payment (P.O.S.) $0.75 Free – unlimited transactions Free – unlimited transactions
Bill Payment – Counter  $1.75 per bill Free – unlimited transactions Free – unlimited transactions
Bill Payment – TelPay On-line $0.75 Free – unlimited transactions Free – unlimited transactions
Bill Payment not on Telpay List (Telpay mails) $1.50 $1.50 $1.50
Pay Anyone – Counter $5.00 Free – unlimited transactions $5.00
Stop Payments $10.00 Free – unlimited transactions $10.00
Certified Cheques
$10.00 Free – unlimited transactions $10.00
NSF Cheques /Pre-authorized Payments $50.00 $50.00 $50.00
Transfers to cover overdraft if done by the credit union  $7.00 $7.00 $7.00
Telephone Transfers $5.00 Free – unlimited transactions Free – unlimited transactions
Personalized Cheques  at cost 100 Free Per Year 50 Free Per Year
Unauthorized overdraft &/or going over limit of authorized overdraft or line of credit $25.00 $25.00 $25.00

Note: To qualify for the Golden Age Package Plan a member must be: 1) 60 years of age  2) Primary member on joint accounts other than with spouse

Savings Account Fees

Fee Type Amount
ATM (other than GHCU ATM) $1.50 (GHCU ATM FREE to all members)
Point Of Sale .75
Cirrus Transaction (card used outside of Canada) $3.00
ATM Card Replacement $5.00
Unauthorized Over Draft Charge
$25.00
Searching Members Records
$25.00 per hour
(1 hour minimum)
RRSP, RRIF, TFSA Transfer Out
(to other financial institution)
$100.00
Inactive Membership Notice (2 years) $50.00
Dormant Account Annual Maintenance  Fee $50.00
Official Cheque Under $2000.00 $5.00
Interest Paid Letter $25.00
Estate Redemption $100.00
Collection Item $20.00
Account Closed Within 90 Days $20.00
Account Transfers To Other Financial $20.00
Letter Of Account Verification $15.00
Trace Request $20.00
Semiannual Mailed Statement  $2.00

Mortgage Fees

Appraisals $250.00
Corporate Draft Disbursement 2 Free then $5.00 each
Discharge Fee $200.00
Late Payment Fee $25.00
NSF Payment Fee $50.00
Home Equity Line Of Credit Changes $10.00
Mortgage Top Up $275.00
Mortgage Payout Letter/Statement $25.00
Payment Alteration Fee $25.00

Loan Fees

Bridge Loan $200.00
Corporate Draft Disbursement 2 Free then $5.00 each
Lien Search $13.80
Late Payment Fee $25.00
NSF Payment Fee $50.00
Loan Processing Fee (loans under $5000.00) $50.00
Payment Alteration Fee $10.00