Service Charges (Effective March 27, 2008)

TEUCU is a cooperative, owned and operated by its members. Our aim is to benefit all members on an equitable basis. In other words, the more you put in, the more you get out and because we are all working towards a common goal-one that benefits the membership as a whole, the more successful we are, the more successful you are as well! We’ve designed our service packages with that in mind.

Account Closed due to unresolved overdraft  $  25.00
Administration of garnishee of requirement to pay/Collections  $  35.00
Administration of U.S. Cheques Written on Canadian Account  $  15.00
*ATM Cash Withdrawal/Deposit  $    1.50
*ATM Cash Withdrawal/Deposit (U.S./International 'Plus' Systems)  $    3.00
ATM TEUCU (Service Centre)  Free 
Automatic Transfer Payments (AFTs)  Free 
Bill Payments - CU Mastercard  Free 
                           - Other via Internet Banking/IVR  $    0.50
                           - Other in-branch  $    2.00
Bill Payment Traces  $  40.00
Canadian or US Money Order (per order)  $    5.00
Certified Cheque for Non-Member  $  15.00
Clearing of TEUCU Uncoded Counter cheques  $    2.00
Credit Union Draft/Certified Cheque for Member  $    5.00
Credit Union Counter Cheque for Member (4 Cheques)  $    5.00
*Direct Debit (POS)  $    0.60
Duplicate Statement  $  10.00
Electronic Transfer Payments (EFTs)  Free 
Early account closing fee (within 90 days)  $  25.00
Faxes  $    0.75
Inactive/Dormant Account Fee  
                       One Year  $  10.00
                       Two Years  $  15.00
                       Three Years  $  25.00
Internet Banking (except Bill Payments)  Free  
Letter of Interest/Immigration/Bank Confirmation (per letter)  $  25.00
MemberCard Replacements  $    5.00
Mortgage Amortization Run  - CU Mortgage  Free 
                                                 - Other  $  15.00
Mortgage Conversion Fee - Variable to Fixed Rate  $300.00
Mortgage/Loan NSF  $  25.00
Mortgage Renewal  $  50.00
Mortgage Transfer Administration Fee  $200.00
Mortgage Discharge Fee  $260.00
Post-Dated Cheques left on deposit (per Cheque)  $    1.00
Photocopies  $    0.25
Returned Items (Canadian)  $  25.00
Returned Items (US)  $  50.00
Returned Item on Member Deposit    Free 
Requested Transfer  Free 
RRSP - Account Transfer to another Institution/Withdrawal  $100.00
Record Search (per hour per staff)  $  25.00
**Stop Payment   $  15.00
System Clearing Transfer  $    8.00
Telephone Teller (except Bill Payments)  Free 
Teller Withdrawals, Deposits, Transfers Free 
Traveller's Cheques (available in Canadian, U.S. Sterling and Euro)  Commission Free 
Undeliverable mail (one time charge)  $    5.00
Wire Transfer Incoming  $  10.00
Wire Transfer Outgoing  Variable 

*Does not include surcharged terminals

Note: Exemptions apply to members who qualify for The Executive and Ultimate Suite of Products and Services.

**Some Conditions Apply: Exemptions for The Executive and Ultimate Suite do not include US stop payments.
Maximum of 5 Free Stop Payments per year for Exec./Ultimate Members

TEUCU Service Charges and Fees are subject to change without Further Notice

Please contact a Credit Union Representative for further details!

Note: Exemptions apply to members who qualify for The Executive and Ultimate Suite of Products and Services.
**Some Conditions Apply: Exemptions for The Executive and Ultimate Suite do not include US stop payments. Maximum of 5 Free Stop Payments per year for Exec./Ultimate Members.

Please contact a Credit Union Representative for further details!

TEUCU Service Charges and Fees are subject to change without Further Notice.