Service Fees

Banking Service Fees (Effective October 1, 2014)

Banking Service Fees

 
Chequing Account Fees            
Transaction Description MAXIMIZER® Econo
$9.00/
month
Full Service
$15.00/
month
Rookie
(Ages 6-15)
HEADSTART®
(Ages 16-21)
Heritage
(Age 59+)
U.S. Dollar
Acct
Min. monthly balance for FREE transactions $ 1,000 N/A N/A N/A N/A N/A N/A
No. of FREE Basic transactions Unlimited 30 Unlimited Unlimited Unlimited Unlimited N/A
Minimum monthly maintenance fee NIL NIL NIL NIL NIL NIL NIL
Basic account transactions:              
Cheque clearing/automatic debits *if applicable to Econo and Maximizer® accounts                                   $ 0.65* $0.65* FREE FREE FREE FREE N/A
Interac Direct payments/point of sale *if applicable to Econo and Maximizer® accounts $ 0.55* $0.55* FREE FREE FREE FREE N/A
Internet & telephone banking** FREE FREE FREE FREE FREE FREE N/A
Over-the-counter cash withdrawals FREE FREE FREE FREE FREE FREE FREE
ATM transactions:              
• WPCU ATM machine *if applicable to Econo and Maximizer® accounts $ 0.55*  $0.55*  FREE FREE FREE FREE N/A
• Other credit union ATM wd *if applicable to Econo and Maximizer® accounts $ 0.55* $0.55* FREE FREE FREE FREE N/A
• Other Provincial credit union ATM wd  *if applicable to Econo and Maximizer® accounts $ 0.55* $0.55* FREE FREE FREE FREE N/A

U.S. cheque clearing with US funds to cover

U.S. cheque clearing with no US funds to cover 

$ 2.00

$ 4.00

 

$2.00

$ 4.00 

$ 2.00

$ 4.00 

$ 2.00

$ 4.00 

$ 2.00

$ 4.00 

$ 2.00

$ 4.00

$2.00

 $4.00 

Additional account transactions:              
ATM transactions:              
• Bank ATM (Interac) $ 2.00 $ 2.00 $ 2.00 $ 2.00 $ 2.00 $ 2.00 N/A
• Cirrus (U.S. banks) $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 N/A
• World ATM $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 $ 3.50 N/A
Automatic transfer to cover overdraft $ 3.00 $ 3.00 $ 3.00 $ 3.00 $ 3.00 $ 3.00 N/A
Bank draft (primary order) per transaction $ 5.00 $ 5.00 $ 5.00 $ 5.00 $ 5.00 $ 5.00 $5.00
Bill payments over-the-counter $ 1.00 $ 1.00 $ 1.00 $ 1.00 $ 1.00 $ 1.00 $1.00
NSF cheques $ 40.00 $40.00 $ 40.00 $ 40.00 $ 40.00 $ 40.00 $40.00
Overdraft telephone call to cover (limited) $ 5.00 $ 5.00 $ 5.00 $ 5.00 $ 5.00 $ 5.00 $ 5.00
Overdrawn item fee (per item) $ 5.00 $ 5.00 $ 5.00 $ 5.00 $ 5.00 $ 5.00 $ 5.00
Telephone transfers between WPCU accounts $ 3.00 $ 3.00 $ 3.00 $ 3.00 $ 3.00 FREE FREE
Safety deposit box discount NIL $ 5.00 $ 5.00 NIL NIL 50% NIL
 
 
Savings Account Fees        
Transaction Description PLAN 24® Rookie Savings
(Ages 6-15)
HEADSTART® Savings
(Ages 16-22)
Heritage Plan
(Age 59+)
  Platinum Savings*  first debit per month is free, subsequent are $1.25
Basic account transactions:            
Automatic debits $ 0.65 FREE FREE FREE   $ 1.25*
Interac Direct payments/point of sale $ 0.55 FREE FREE FREE   $ 1.25*
Internet & telephone banking** FREE FREE FREE FREE   $ 1.25*
Over-the-counter cash withdrawals FREE FREE FREE FREE   $ 1.25*
ATM transactions:            
• WPCU ATM machine $ 0.55 FREE  FREE FREE   $ 1.25*
• Other credit union ATM WD $ 0.55 FREE FREE FREE   $ 1.25*
• Other Provincial credit union ATM WD $ 0.55 FREE FREE FREE   $ 1.25*
Additional account transactions:            
ATM transactions:            
• Canadian bank ATM (Interac) $ 2.00 $ 2.00 $ 2.00 $ 2.00   $ 2.00
• Cirrus (U.S. banks) $ 3.50 $ 3.50 $ 3.50 $ 3.50   $ 3.50
• World ATM $ 3.50 $ 3.50 $ 3.50 $ 3.50   $ 3.50
Bank draft (primary order) per transaction $ 5.00 $ 5.00 $ 5.00 $ 5.00   $ 5.00
Bill payments over-the-counter $ 1.00 $ 1.00 $ 1.00 $ 1.00   $ 1.00
Telephone transfers between WPCU accounts $ 3.00 $ 3.00 $ 3.00 FREE   $ 3.00
 

*The first of these transactions (combined) each month is FREE
**Including standard bill payments (does not include Pay-Anyone transactions)

 
Other Services (Applies to all account types)
Description Fees

Account closing fee

Close account within 3 months of opening (plus cost of primary order, if required)

 

 

 5.00

Bank draft (primary order) $ 5.00
Certified cheques (Free to Heritage and Full Service Account Holders):  
Members $ 10.00
-Non-members $ 20.00
Items on collection $ 25.00
Charge back processing $ 5.00
Debit card replacement, 1 free card per person per year; thereafter $ 5.00

Duplicate receipts (T5, RSPT4, RIFT4, etc.)

Estate Files Processing

-based on type of account held

-T3 Return Filing (per return)

-Concentra Financial Consultation/approval

$ 5.00

 

$ 25.00 – $ 50.00

$ 150.00

$ 150.00

Faxed copies $ 1.00

Foreign bank draft (in addition to actual cost)

Garnishment Orders/Requirements to Pay:

-intial assessment

-payment remittances (per payment)

$ 5.00

 

$ 25.00

$ 25.00

Hold funds:  
-Members $ 5.00
-Non-members $ 10.00
Interest letters $ 15.00
Money orders (Free for Heritage Account Holders):  
-Members $ 4.00
-Non-members $ 10.00
Money order traces, CUCM cost plus $ 5.00
Money wires (in addition to actual cost to C.U.):  
-Members (outgoing and incoming) $ 15.00
Transfer non registered account to another Financial Institution $ 25.00
Personalized cheques *Fees do not apply to Full Service and Heritage chequing accounts  

-Book of 24

-Book of 48

$ 3.00

$ 6.00

-Book of 100

-Book of 148

-Book of 200

$ 9.00

$12.00

$15.00

   

Photocopies (including statement copies) per page

Account Confirmation Business/Personal

$ 0.50

$ 15.00

Post dated per item processing fee  
-Manual $ 2.00

-Electronic

RRSP (Registered Retirement Savings Plan)

Early redemption for Federal Homebuyers Program

 -Mortgage at WPCU (per term + interest rate penalty) 

-Mortgage held elsewhere (no early redemptions allowed)

-Transfer out fee

$ FREE

 

 

$ 25.00

N/A

$ 50.00

RRIF (Registered Retirement Income Fund)

-RRIF payments  (manual cheque mailed, per transaction)

-Changing Age base on contract

-Changing LIF to LIRA (if age eligible)

-Transfer out fee

 

$ 5.00

$ 50.00

$ 50.00

$ 50.00

TFSA (Tax Free Savings Account)

-Transfer out fee

 

$ 50.00

Safety deposit box rental fee:**  
-1.5" x 5" $ 40.00
-2.5" x 5" $ 50.00
-5" x 5" $ 60.00
-2.5" x 10" $ 70.00
Safety deposit box replacement key (if account closed) $ 10.00
Safety deposit box drilling, Cost plus $ 25.00

Search of account records (Minimum Fee)

-Hourly Rate for Extensive searches (longer than one hour)

$ 5.00

$ 20.00

Statements – special handling request per month $ 3.00
Stop payment requests *Plus $ 5.00 fee if specifics are not known or monitoring required $ 10.00*
Travelers cheques (American Express) FREE

U.S. Bank Drafts

– Members ($1000 and under)

– Members ($1000.01 and over)

– Non-Members

Internet Banking Bill Payment Fees:

Standard Telpay Billers

Funds Transfer (FT)

Government Payments

Customer Specific (CS):

  -With Bank Information

 – Without Bank Information

 

$4.00

$ 5.00

$ 7.00

 

FREE

$ .50

$ .50

 

$ .50

$1.25


Contact WPCU

300 William Avenue

Winnipeg, Manitoba, R3A 1P9

Open Monday through Friday,

9:00 AM to 5:00 PM

Phone: 204.944.1033

Fax: 204.949.0821

Toll Free: 1.866.491.7122

Email: info@wpcu.ca

Lost or stolen MasterCard: 1-800-567-8111

1-204-944-1033 during business hours

1-877-764-3693 Canada & USA after hours

1-905-764-3693 Internationally after hours

Please click here to view more information regarding our Hot Card Service.

© 2011 Winnipeg Police Credit Union, All Rights Reserved

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