Service Fees
For monthly account packages and associated fees, see Personal Accounts and Business Accounts.
Personal Accounts
| IN-BRANCH DEPOSIT | FREE |
| IN-BRANCH WITHDRAWALS | $0.75 |
| IN-BRANCH TRANSFERS BETWEEN ACCOUNTS | $0.25 |
| IN-BRANCH BILL PAYMENT | $1.75 |
| ELECTRONIC TRANSFER BETWEEN ACCOUNTS | FREE |
| ELECTRONIC DEPOSIT | FREE |
| Interac E-TRANSFERS INCOMING / OUTGOING – CAD | FREE |
| ELECTRONIC BILL PAYMENT | $1.50 |
| CHEQUE PROCESSING | $0.75 |
| PRE-AUTHORIZED EXTERNAL WITHDRAWALS | $0.75 |
| DIRECT PAYMENT/POS | $0.75 |
| NON-ELECTRONIC TRANFER ON ACCELERATOR ACCOUNT | $4.50 (After 2 Free) |
| CHANGE OF SIGNING OFFICERS – COMMUNITY/BUSINESS | $100 for 2nd in a year |
Business Accounts
| IN-BRANCH DEPOSIT | FREE |
| IN-BRANCH WITHDRAWALS | $1.20 |
| IN-BRANCH TRANSFERS BETWEEN ACCOUNTS | $0.25 |
| IN-BRANCH BILL PAYMENT | $1.75 |
| ELECTRONIC TRANSFER BETWEEN ACCOUNTS | FREE |
| ELECTRONIC DEPOSIT | FREE |
| Interac E-TRANSFERS INCOMING / OUTGOING – CAD | FREE |
| ELECTRONIC BILL PAYMENT | $1.50 |
| CHEQUE PROCESSING | $1.20 |
| PRE-AUTHORIZED EXTERNAL WITHDRAWALS | $1.20 |
| DIRECT PAYMENT/POS | $1.20 |
| CHANGE OF SIGNING OFFICERS – COMMUNITY/BUSINESS | $100 FOR 2ND IN A YEAR |
Estate Accounts
| ESTATE ACCOUNT ADMINISTRATION | $5 – 1ST 2 YRS / $20 AFTER |
Dormant Accounts
| DORMANT ACCOUNT FEE | $100/YR |
ATM and Account Services
| MEMBERSHIP CARD REPLACEMENT | 1st free then $10 |
| EMERGENCY MEMBERSHIP CARD REPLACEMENT | $25 |
| OCU ATM WITHDRAWAL | FREE |
| EXCHANGE ATM WITHDRAWAL | $1 |
| NON-EXCHANGE ATM WITHDRAWAL | $2 |
| US AND INTERNATIONAL ATM WITHDRAWAL | $4 |
| CHEQUE ORDERS | AT COST |
| ACCOUNT STATEMENT – ELECTRONIC | FREE |
| ACCOUNT STATEMENT – PAPER/MAILED | $5 |
Transferring Money
| MTS (WIRES) | |
| INCOMING WIRE CAD | $6 + additional Central 1 charges |
| OUTGOING WIRE CAD | $25 + additional Central 1 charges |
| INCOMING /OUTGOING WIRE FX | $35 + additional Central 1 charges |
| AFT | |
| PERSONAL AFT SET UP FEE | $10 |
| PERSONAL AFT MODIFICATION FEE | $10 |
| BUSINESS – SET-UP FEE (<4) | $150 |
| BUSINESS – MONTHLY FEE (<4) | $12 |
| CHANGING A BUSINESS ACCOUNT CAFT ONCE PER YEAR | 1st free then $50 |
| HARD TOKEN FOR AFT | $10 |
Stop Payments
| FULL DETAILS – IN BRANCH | $15 |
| PARTIAL DETAILS – ONLINE | $15 |
| SERIES OF CHEQUES OR XD’S | $25 |
Overdraft Charges
| OVERDRAFT CHARGE PER ITEM | $5 + Interest |
| NSF FEE PER ITEM | $45 |
Balance of Account
| ALL INSTITUTIONS | $30 INCLUDES OFFICIAL CHQ FEE |
Safety Deposit Boxes
| SMALL 1.5 X 5 | $45 |
| MEDIUM 2.5 X 5 | $65 |
| LARGE 2.5 X 10 | $90 |
| LARGE 5.5 X 5 | $90 |
| KEY REPLACEMENT COST | AT COST – MIN $20 |
| BOX DRILLING COST | AT COST – MIN $200 |
Clearing Items
| OFFICIAL CHEQUES CANADIAN | $10 |
| OFFICIAL CHEQUES US | $10 |
| CHEQUE DRAWN ON CANADIAN ACCOUNT IN USD | $15 |
| CHEQUE SENT ON COLLECTION | $20 + OFFICAL CHQ FEE + BANK FEE (IF APP) |
| CHEQUE RECEIVED FOR COLLECTION/REQUIREMENTS TO PAY | $20 + OFFICIAL CHQ FEE |
| CHARGE BACK | $7 |
| UNQUALIFIED CHEQUES/ITEMS | $15 |
| BILL PAYMNET TRACE REQUESTS | $25 |
Personal Loan Fees
| SECURED LOAN FEE (ALL TERMS) | $50 |
| LOAN EXTENSION/SUBSTITUTION OF SECURITY | $25 |
| LIEN SEARCH | $20 |
| APPLICATION FEE (ALL TERMS) | $50 |
| LIEN SEARCH | $20 |
| REGISTRATION (REG 1 YEAR BEYOND MATURITY DATE) | $6.50/Per Year |
| PERSONAL PROPERTY CHANGES TO REGISTRATION | $25 |
| IN HOUSE PRE-AUTHORIZED TRANSFER SETUP | $10 |
| COVER DRAFT | FREE |
| APPRAISALS | COST |
| INSPECTION | COST |
| SUSPENSION OR ALTERATION OF LOAN PAYMENTS/TERMS | $25 |
| RELEASE OF PERSONAL COVENANT | $75 |
| DELINQUENT LOAN/LOC NSF FEE | $45 |
| SHORT TERM/BRIDGE LOAN (UNDER 6 MONTHS) | REFER TO RETAIL LENDING GUIDELINE |
| SUBSEQUENT CREDITMASTER LOAN FEE | $100 (INCLUDES TITLE SEARCH) |
| MORTGAGE RENEWAL FEE | $75 |
| BLEND AND EXTEND | $200 |
| CONSTRUCTION | REFER TO RETAIL LENDING GUIDELINE |
| MORTGAGE DISCHARGE PREPARATION AND EXECUTION OF DOCUMENT (OCU Admin Fee) | $75 |
| 1. Instructed by Lawyer – ($75.00 discharge & $75.00 Admin) | $150 |
| 2. Member Instructed – ($150.00 + AtSource Fee approx. $52.84) | $203.00 est. |
| 3. Indaian Land Diskcharge – (eg. Glazer Polley Charge $250.00 + $75.00 OCU Admin Fee) | $325.00 est. |
| MORTGAGE DISCHARGE REINVESTMENT (ADMIN FEE) | $75 |
| MORTGAGE TRANSFER OUT FEE | $75 |
| EXECUTION OF TRANSFER | $75 |
| PRINTED LOAN STATEMENT IN BRANCH | $10 |
| LETTER OF INTEREST PAID | $20 |
| LAND TITLE SEARCH | $20 |
| ASSIGNMENT OF SALE PROCEEDS | REFER TO RETAIL LENDING GUIDELINE |
Night Deposit Services
| ANNUAL SERVICE CHARGE | $30 INCLUDES FABRIC BAG |
| FABRIC BAGS | $3 |
| PLASTIC BAGS – INDIVIDUAL | $0.50 |
| PLASTIC BAGS – BY THE BOX | $250 |
| NIGHT DEPOSIT KEY | $10 |
Business Loan Fees
| APPLICATION FEE | $1,000 NON-REFUNDABLE – CREDIT TO COMMITMENT FEE |
| COMMITMENT FEE | 1% OF CREDIT REQUEST |
| ANNUAL REVIEW | $250 |
| INSPECTION & CONSULTATION | $150/OCCURRENCE |
| FIXED INTEREST ADJUSTMENT | $250 |
| DISCHARGE FEE | $250 |
| LATE FINANCIAL STATEMENT FEE | $200/MO |
| EXTENSION FEE | $250 |
| LOAN AMENDMENT | $250 |
| RENEWAL FEE | $250 |
| ADMINISTRATION FEE | CASE BY CASE |
| LETTERS OF CREDIT – APPLICATION | $100 FEE OR 1% OF PRINCIPAL, WHICHEVER IS GREATER |
| LETTERS OF CREDIT – ANNUAL RENEWAL | MIN $100 OR 0.25% OF LIMIT/YR |
Registered Accounts
| TRANSFER OUT TO ANOTHER FINANCIAL INSTITUTION | $100 |
| TRANSFERRED TO WEALTH MANAGEMENT OCU | FREE |
Foreign Exchange
| FX PURCHASE LESS THAN $250 | $30 |
| FX GREATER THAN $250 | $15 |
| PROCESSING FOREIGN CURRENCY CHEQUE OR CASH (EUROS AND POUNDS) | $20 |
Administrative
| ACCOUNT CLOSED BEFORE 90 DAYS | $25 |
| POST DATED ITEM HELD FOR DEPOSIT – PER ITEM | $5 |
| IN BRANCH STATEMENT FEE (PER MONTH OF STATEMENT) DUPLICATE | $5 |
| CHEQUE PRINTING | AT COST |
| ACCOUNT/LOAN BALANCE LETTER OF VERIFICATION | $25 |
| REFERENCE LETTERS | $30 |
| ITEM SEARCH WITHIN 90 DAYS | $5 |
| ITEMS SEARCH MORE THAN 90 DAYS | $75/HR MIN 1 HR |
| MANUAL TELEPHONE, EMAIL OR FAX REQUEST FOR TRANSFER – PER ITEM | $6 |
| MANUAL TELEPHONE TRANSFER TO COVER OVERDRAFT | $6 |
| HANDLING CHARGE FOR GOLD AND SILVER ORDERS | $50 |
Non-Member
| MAXIMUM TRANSACTION AMOUNT $250 CDN | |
| CHEQUE CASHING (FED AND PROV) | FREE |
| CHEQUE CASHING | $5 |
| OUTGOING WIRE IN CANADA – CAD | $25 + additional Central 1 charges |
| OUTGOING WIRE TO US/EUROPE – CAD | $50 + additional Central 1 charges |
| OUTGOING WIRE TO US/EUROPE – FX | $50 + additional Central 1 charges |
| OFFICIAL CHEQUES (CAD AND USD) | $25 |
| OFFICIAL CHEQUES IN US DOLLARS | $25 |
| FOREIGN CURRENCY | $5 + EXCHANGE |
| NON – MEMBER TELLER BILL PAYMENT CASH ONLY | $5 |