U.S. Chequing Account

For members who regularly deal in U.S. funds and benefit from a tiered interest bearing account.

Account Features – No Fee

• Deposits
  • in branch
• Cash Withdrawals – in branch
• No minimum balance required
• Transfers
  • Auto-Transfer to cover overdraft
  • Telephone transfer between same member’s accounts
• Commission to purchase travelers cheques
• Night Deposit locked bag
• Commissioner of Oaths
• Monthly Statements with cheque images - statements are held in branch for pick-up and mailed once 3 months are in the member file

Interest

• Is calculated as a tiered chequing account based on a daily closing
  balance, and paid monthly. Interest rate increases with each tier
  
  Example of tiers
  
  Balance between $1001 - $5000
  Balance between $5001 +

Pricing

• No monthly maintenance Fee

Benefits to members

• Saves money by offering free In-branch transactions
• Convenient and saves money by being able to write cheques in U.S. dollars instead of having to purchase US funds drafts
• Security and peace of mind knowing funds are fully guaranteed by Credit Union Deposit Guarantee Corporation