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Updated Account Service Fees & Benefits

WFCU Credit Union offers members an extended lineup of services to make everyday banking more convenient.
The following Service Fee updates will be implemented, effective March 1, 2024.

Service New Service Fee
Business chequing and savings accounts cash deposits and withdrawals* 0.1% of amount deposited or withdrawn
Debit Mastercard stop payment $18.00
Meritline split or combining $50.00
CUDP RESP transfer out $125.00
Mortgage payout information statement to lawyer $20.00
Benefit New Benefit Details
FREE transaction for all USD accounts Personal USD accounts receive one free
debit per month. All service fees will be waived if member maintains a minimum balance of $1,000.Business USD accounts receive one free transaction per month; transaction can be debit or credit.

*Applies to Premier Business Pay-As-You-Go, Basic, and Value Chequing Accounts, ALTO Business Savings Account, and U.S. Business Savings Account.

Current Service Fees

Below are a list of the common service fees.

Service Service Fee
Bill Payment on Savings Account – In Branch, Online, Telephone or ATM $2.00
Certified Cheques – Member $15.00
Certified Cheques – Non-Member $20.00
Cheque Images Returned With Statement $3/month
Collection Item $20.00
Daylight Overdraft $5.00/item
Delinquent Notice $85.00
Delinquent Notice – Phone Call $15.00
Delinquent Notice – Letter $140.00
Delinquent Notice – Manual Transfer $35.00
Drafts (CDN) $7.50
Drafts – Refund or Replacement if Lost or Stolen $20.00
Duplicate Remote Deposit Capture $10.00
INTERAC e-Transfer® transaction $1.50 per outgoing transaction
Handling Post-dated Cheque $3.00
Mailed Paper Statement $3.00/statement
NSF Cheque Fee $65.00
Optional Overdraft Protection $4.00/month when used plus applicable interest charges
Personalized Cheques Cost per supplier
Request for Member Letter $20.00
Request for Credit Union Records
– hourly rate for search $35.00
– minimum charge for search $15.00
RRSP/RRIF/TFSA Transfer Out fee (per plan) $125.00
RRSP/TFSA W/Ds from Fixed/Redeem Locked $25.00
Safety Deposit Box Rental From $50.00 – $300.00 per year + HST
Stop Payment on Cheque $18.00
$18.00 USD for USD cheque
$43.00 USD for USD draft
Transfer Account Balance to Another Financial Institution $70.00
USD Drafts $10.00
Wiring of Funds – Outgoing $30.00 (Less than $10,000)
$50.00 (More than $10,000)
Wiring of Funds – Incoming $15.00
Writing USD Funds Cheque on a Canadian Fund Account  $16.00

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