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Account and Service Fees

Personal Account Services

Service

Fee

Account closed within
90 days

$25

Balance of
account transfer

$25

Draft/Official Cheque (CAD)

$7

Draft/Official Cheque (USD)

$10

Certified Cheque

$10

Charge Backs/Insufficient Funds

$5

Cheques on collection

$25

Dormant Account

$60/yr

Dorment Member

$150

Unclaimed Balances

$60/yr

NSF/Returned Item
(PAC, PAD or Cheque)

$50

Processing Post
Dated Items

$3

Reference Letter

$35

Registered Transfer Out

$100

Stop Payment

$15

Assisted Transfer

$10

Coverdraft Protection

$5

Writing US cheque on Canadian account

$15

Records Search
(<90 Days)

$25 or $40/hr

Records Search
(>90 Days)

$40 or $40/hr

Non-Exchange Network ATM Transaction

$1.50

Flex Card Debit Card Replacement Fee

$10

Flex Card Debit Card Rush Replacement Fee

$30


View Personal Account Transaction
Fees and Charges


Business Account Services

Service

Fee

Cash Request - Coin

$0.10/roll

Cash Request - Notes

$0.30/bndl

Overdraft Handling Fee

$5

CAFT Installation

$250

CAFT - Create
additional ID

$100

Additional AFT Test

$20

Automatically released AFT file

$30

File Upload via MCCCU

$30/file

CAFT per item
via MCCCU

$0.30/item

Individual AFT
error correction

$3/item

Stop Payment

$15

New Business Charges


Late reporting of
financial statements

$200

Credit Bureau Report

Cost + $5

Property Search

Cost + $10

Property Tax Statement

Cost + $10

CRA Requirement to
Pay received

$20

PPSA Registration

Cost + $10

PPSA Discharge

Cost + $10

External Account Verification Statement

Cost + $10


View Business Account Transaction
Fees and Charges


Mortgages and Borrowing

Service

Fee

Appraisal

$299 effective
Oct. 22, 2020

Mortgage Discharge

$500

Mortgage Transfer

$300

Blend & Extend

$200

Reference Letter

$30

CMHC Fee

Free

Mortgage Renewal

Free

Bridge Financing

$300

PPSA Registration

$100

Loan Payment Frequency Charge

Free

Confirmation of Balance

$30

Term switch (variable
to fixed)

Free

Collateral Inspection

$200 + mileage

Extension Agreement

$100

Wage Assignment

$200

Wire Transfer

Safe Deposit Boxes

Service

Fee

2 x 5

$40

3 x 5

$50

5 x 5

$75

5 x 10

$80

10 x 10

$120

Lost Key Replacement

$25

Drill Box

Cost + $110

Listing of Contents

$40 or $40/hr

Personal Account Services

Service

Fee

Account closed within 90 days

$25

Balance of account transfer

$25

Draft/Official Cheque (CAD)

$7

Draft/Official Cheque (USD)
$10

Certified Cheque

$10

Charge Backs/Insufficient Funds

$5

Cheques on collection

$25

Dormant Account

$60/yr

Dorment Member

$150

Unclaimed Balances

$60/yr

NSF/Returned Item (PAC, PAD or Cheque)

$50

Processing Post Dated Items

$3

Reference Letter

$35

Registered Transfer Out

$100

Stop Payment

$15

Assisted Transfer

$10

Coverdraft Protection

$5

Writing US cheque on Canadian account

$15

Records Search (<90 Days)

$25 or $40/hr

Records Search (>90 Days)

$40 or $40/hr

Non-Exchange Network ATM Transaction

$1.50

Flex Card Debit Card Replacement Fee

$10

Flex Card Debit Card Rush Replacement Fee

$30


View Personal Account Transaction Fees and Charges


Business Account Services

Service

Fee

Cash Request - Coin

$0.10/roll

Cash Request - Notes

$0.30/bndl

Overdraft Handling Fee

$5

CAFT Installation

$250

CAFT - Create additional ID

$100

Additional AFT Test

$20

Automatically released AFT file

$30

File Upload via MCCCU

$30/file

CAFT per item via MCCCU

$0.30/item

Individual AFT error correction

$3/item

Stop Payment

$15

New Business Charges


Late reporting of financial statements

$200

Credit Bureau Report

Cost + $5

Property Search

Cost + $10

Property Tax Statement

Cost + $10

CRA Requirement to Pay received

$20

PPSA Registration

Cost + $10

PPSA Discharge

Cost + $10

External Account Verification Statement

Cost + $10


View Business Account Transaction Fees and Charges


Mortgages and Borrowing

Service

Fee

Appraisal

$299 - effective
Oct. 22, 2020

Mortgage Discharge

$500

Mortgage Transfer

$300

Blend & Extend

$200

Reference Letter

$30

CMHC Fee

Free

Mortgage Renewal

Free

Bridge Financing

$300

PPSA Registration

$100

Loan Payment Frequency Charge

Free

Confirmation of Balance

$30

Term switch (variable to fixed)

Free

Collateral Inspection

$200 + mileage

Extension Agreement

$100

Wage Assignment

$200

Wire Transfer

Service

Fee

Outgoing - CAD$35
Outgoing - USD$35 (USD)
Incoming - CAD$15
Incoming - USD$17.50 (USD)
Incoming - Other Currency$17.50 (USD)
Tracing Wire$40 or $40/hr

Safe Deposit Boxes

Service

Fee

2 x 5

$40

3 x 5

$50

5 x 5

$75

5 x 10

$80

10 x 10

$120

Lost Key Replacement

$25

Drill Box

Cost + $110

Listing of Contents

$40 or $40/hr