Service Fees


As of September 2021

Account Transferred, Closed, or Altered

Account closed within 90 days - $25
Balance transfer to another financial institution - $20 ($25 as of July 1, 2022)
Dormant account - $30yr
Registered account (RRSP, RRIF, TFSA, etc) - $50 ($100 as of July 1, 2022)

Automated Transfers Between Accounts

Alterations – Free
External - $5
Overdraft transactions - $0.75/day
Set up member automated transfer - $5

Bill Payment

Online & Telephone banking – No Charge
Over the counter - $2.50
Reverse bill payment - $25

ATM Fees

Non-Credit Union ATM Canadian - $2
US / International ATM - $3
Unqualified ATM deposit - $20
Debit Card replacement - $5

Cheque Services

Non-member cheque drawn on gfcu (up to $2500) – No Charge ($5 as of July 1, 2022)
Non-member government cheque (maximum $1500) – No Charge
Official cheque member - $7.50 ($10 as of July 1, 2022)
Post-dated cheque held for deposit - $3 each ($5 each as of July 1, 2022)
Chargebacks - $5 ($10 as of July 1, 2022)
Stop payment - $15 ($25 as of July 1, 2022)

Loan Services

Commercial loan application – up to 1% of Loan Value (min $100)
Commercial loan annual review - $100 / $125 ($100 / $200 as of July 1, 2022)
Construction mortgage / New Modular Home Application - $500 ($750 as of July 1, 2022)
Commercial mortgage renewal - $125 ($150 as of July 1, 2022)
Commercial mortgage modification - $125 ($250 as of July 1, 2022)
Commercial credit checks - $10 ($20 as of July 1, 2022)
Commercial property appraisal – At Cost
Commercial safekeeping agreement of letter of credit – 1% (min $100)
Delinquent loan notice - $5
Late loan payment fee - $35
Letter of interest for tax purposes - $15 ($25 as of July 1, 2022)
LOC monthly fee business - $5
Mortgage discharge fee - $75
Property inspection (Appraiser) – At Cost
Residential mortgage renewal – Free
Residential mortgage modification - $85 ($125 / $250 as of July 1, 2022)
Residential property appraisal – At Cost
Security search & registration - $75 + $10/yr
Searches - $15 ($25 as of July 1, 2022)
Corporate registry search (for change of signing authorities - 1 free per year) - $15

Night Depository

Disposable deposit bag - $0.50/each
Key replacement - $5 + cost

Safety Deposit Boxes

1.5” X 5” - $40yr + GST
2.5” X 5” - $50yr + GST
2.5” X 10” - $75yr + GST
5” X 5” - $75yr + GST
5” X 10” - $125yr + GST
10” X 10” - $200yr + GST
Drill box - $165
Lost key - $17.50

U.S. Services

USD for member - Free
USD for non-member - $5 ($10 as of July 1, 2022)
US Cheque drawn on Canadian account - $15
US Draft (Western Union) - $15.50

Wire Transfer

Sending a Canadian dollar wire within Canada - $25.00 CAD ($35 CAD as of July 1, 2022)
Sending a US dollar wire within Canada - $25.00 USD ($35 USD as of July 1, 2022)
Sending a Canadian dollar wire outside of Canada - $35.00 CAD ($45 CAD as of July 1, 2022)
Sending a US dollar wire outside of Canada - $35.00 USD ($45 USD as of July 1, 2022)
Sending a wire other than CAD or USD funds - $25.00 CAD within Canada ($35 CAD as of July 1, 2022)
Sending a wire other than CAD or USD funds - $35.00 CAD outside of Canada ($45 CAD as of July 1, 2022)
Receiving wire service fee for wires over $10,000 - $10 (as of July 1, 2022)

Other Services

Staff assisted funds transfer between accounts - $5
Bank confirmation - $30 ($35 as of July 1, 2022)
Cash/Coin order – Free
Coin exchange – Free
Coin exchange (non-member) - $5
Interim account statements - $5
Photocopy - $0.50 each
NSF fee - $35
Overdraft @ 24% APR - $5 per item
Phone confirmations - $5
Paper statements - $2/mo
Records search - $5 per item + $20/hr of labour (1hr min)
Estate Confirmation Letter $35.00 (as of July 1, 2022)