NEW ACCOUNT PACKAGES READY TO SERVE YOU!

October 25, 2019



V.P. Credit Union is pleased to announce it has refreshed its chequing and savings account lineup. After completing a comprehensive review of the marketplace we are confident that our updated account packages are not only cost effective, but they provide many value added features and benefits to all. The majority of our members will see significant reductions in their average monthly account package charges.

Effective November 1st, 2019, those members currently using the Advantage or Advantage Plus packages, will be automatically transitioned to the new Low Fee Advantage and Unlimited Advantage packages, respectively. These members will immediately see a significant reduction in the monthly service fees. In addition, the current Advantage Plus account package members will receive a major enhancement to their account packages as they will receive unlimited E-Transfer transactions.

We encourage all members to review their current bank account packages at VPCU and connect with us accordingly. If you are not an active user of our banking services at this time and use an account at another financial institution, please give our options a look. Not only do we have great new banking packages, but our additional banking services come at a very competitive price point. We invite you to give us a call so we can provide you with a comprehensive second opinion!
 
For more information on our Current Chequing account options, please click HERE.

For more information on our Current Savings account options, please click HERE.
 
 

For more information about our Former Chequing and Savings account packages and service fees, please see below for your reference.

 
 ADVANTAGE $11.95/MONTH CHEQUING ONLY
 *50 Point of Sale (Debit) transactions per month
 Free Internet Banking
 Free Internet Banking
 No minimum deposit required
 Pre-Approved line of credit/overdraft of up to $5,000.00*
 (with payroll deposit*)
 Monthly statements












 
 ADVANTAGE PLUS $14.35/MONTH CHEQUING ONLY
 Unlimited point of sale (debit) or cheque transactions per month
 10 Free Interac Network ATM transactions
 10 Free Pre-Authorized debit transactions
 Interest earned on minimum balance paid monthly
 Free internet and phone banking
 No minimum deposit required
 Pre-Approved line of credit/overdraft of up to $5,000.00*
 (with payroll deposit*)
 Monthly statements
 
SERVICE FEE LISTING PAY AS YOU GO FOUNDERS GOLDEN
 Internal Transfers Free Free Free
 Internal Auto Payments Free Free Free
 Personal Cheques Cleared 0.65 * Free Free
 Non-Encoded Cheques 5.00 5.00 5.00
 Pre-Authorized Debits 0.65 * Free Free
 Point of Sale 0.65 * Free Free
 ATM Withdrawal (Exchange) Free Free Free
 ATM Withdrawal (Non-Exchange) 1.75 1.75 1.75
 ATM Withdrawal (outside of  Canada) 3.00 3.00 3.00
 Sending Interac e-Transfer 1.50 1.50 1.50
 Receiving Interac e-Transfer Free Free Free
 Requesting Interac e-Transfer 1.50 1.50 1.50
 ATM Card Replacement Free Free Free
 NSF Charges 25.00 25.00 25.00
 Overdraft Charge (Per Item) 5.00 5.00 5.00
 Non NSF returned by VPCU Free Free Free
 Official Cheques - CDN 5.00 Free Free
 Official Cheques - USD 5.00 5.00 5.00
 In Branch Member Bill Payments 1.00 1.00 1.00
 

*Effective October 1, 2019, these fees are waived for Silver Shield accounts with balances of $5,000 or greater for each day of the month. 


 
SAFETY DEPOSIT BOXES  PAY AS YOU GO FOUNDERS GOLDEN
 2 by 5 by 24 25.00 20.00 20.00
 3 by 5 by 24 35.00 30.00 30.00
 3 by 10 by 24 50.00 45.00 45.00
 5 by 10 by 24 95.00 90.00 90.00
 10 by 10 by 24 150.00 145.00 145.00
 Drilling Boxes Cost Cost Cost
 Replacing Lost Key 15.00 15.00 15.00












 
MISCELLANEOUS OTHER FEES PAY AS YOU GO  FOUNDERS GOLDEN
 Bill Payment Trace Request 15.00 15.00 15.00
 Stop Payments 10.00 10.00 10.00
 US cheques on US account 2.50 0.00 0.00
 US cheques on CAD account 5.00 5.00 5.00
 Holding Cheques per item 5.00 5.00 5.00
 VPCU Cheque order (each) 5.00 Free Free
 VPCU Cheque order mailed (each) + Postage 5.00 + Postage Postage only Postage only
 VPCU business cheques (per 100) 5.00 5.00 5.00
 Close account./Tsf to other C.U. Free Free Free
 Close account./Tsf to Bank or Cash 15.00 15.00 15.00
 Money Wire Cost + 15.00 Cost + 15.00 Cost + 15.00
 Paper Statement Fee 3.00 3.00 3.00
 RRSP/TFSA/RESP/Non-Registered transfer out 75.00 75.00 75.00
 RRSP/TFSA/RESP/Non-Registered transfer out to Virtual Wealth, Qtrade or G&F Financial Planning via a VPCU Referral 35.00 35.00 35.00
 RRIF Admin Annual Fee 25.00 25.00 25.00


























 
MORTGAGES PAY AS YOU GO
 Registration fees Cost
 Solicitor fees Cost
 On Site Appraisal fees Cost
 Landcor Online Appraisal Assesment and Title Fee 125.00
 Mortgage Renewal Fee 75.00
 Mortgage Modification Fee 100.00
 Converting Variable "Flex Rate Mortgage" to Fixed Rate No fee
 Blend and Extend No fee
 Land Title Search 25.00
 Discharge and Document Fee 75.00
 Personal Loan PPSA Registration 30.00
 Construction Mortgage - Application Fee 500.00
 Construction Mortgage - Subsequent Advance Review Fee 500.00

Fees listed are subject to change without prior notification.