Service Fees


As of April 2021

Account Transferred, Closed, or Altered

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

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
Non-member government cheque (maximum $1500) – No Charge
Cheque held for collection - $25
Cheque image - $2.50
Interim personalized cheques - 12 cheques for $5
Interim business cheques - 12 cheques $10
Official cheque member - $7.50
Personalized cheques – At Cost
Post-dated cheque held for deposit - $3
Chargebacks - $5
Stop payment - $15

Loan Services

Commercial loan application – up to 1% of Loan Value (min $100)
Commercial loan annual review - $100 / $125
Construction mortgage - $500
Commercial mortgage renewal - $125
Commercial mortgage modification - $125
Commercial credit checks - $10
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
Lodgement of property title - $150 per title
LOC monthly fee personal - $2
LOC monthly fee business - $5
Mortgage discharge fee - $75
Property inspection (Appraiser) – At Cost
Property inspection (CU) – $85
Residential mortgage renewal – Free
Residential mortgage modification - $85
Residential property appraisal – At Cost
Security search & registration - $75 + $10/yr
Security substitution - $75 + $10/yr
Searches - $15
Corporate registry search (for change of signing authorities - 1 free per year) - $10

Night Depository

Annual Fee - $35 + gst
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
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
Sending a US dollar wire within Canada - $25.00 USD
Sending a Canadian dollar wire outside of Canada - $35.00 CAD
Sending a US dollar wire outside of Canada - $35.00 USD
Sending a wire other than CAD or USD funds - $25.00 CAD within Canada
Sending a wire other than CAD or USD funds - $35.00 CAD outside of Canada

Other Services

Staff assisted funds transfer between accounts - $5
Bank confirmation - $30
Cash/Coin order – Free
Coin exchange – Free
Coin exchange (non-member) - $5
Fax - $2
Foreign currency - $15 + Cost
Interest statements - $7.50
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)