Chequing
This is a basic chequing account for the business operator. Easy to read all-in-one statements are available when you need them: monthly, weekly, or even daily. All of your accounts – even loans – appear on one convenient statement.
Maximizer is a savings and chequing account all in one. Competitive interest rates are calculated based on your daily balance and paid monthly. This account has tiered interest rates, so the more you have on deposit, the more you earn.
Product Details
Benefits
To provide business members with an accessible chequing account with tiered rates. This product is ideal for everyday banking and for business members with larger balances.
Interest Calculations
Interest is calculated on the closing daily balance and paid monthly.
Interest is calculated on incremental tiered rates on the total dollars in each range. (e.g.: closing daily balance is $32,000 therefore interest is paid on total dollars in each separate range).
| $0 | - | $4,999 |
| $5,000 | - | $24,999 |
| $25,000 | - | $99,999 |
| $100,000+ | ||
Access to Funds
Electronic services (internet, ATM and TeleBanking/ IVR) in-branch and cheques
Service Charges
Members can choose from various account plans (service charge packages). For complete pricing information, refer to the current Service Charge Schedule.
Overdraft Protection
Available
Statements
Monthly statement provided with cheque images.
Deposit Guarantee
The Credit Union Deposit Guarantee Corporation provides a full guarantee of deposits.