ACCESS YOUR MONEY YOUR WAY

Banking at OPPA Credit Union is flexible, accessible and every interaction with our team
always includes a welcoming smile (whether by phone or in person). Start with the
fundamentals by choosing the right blend of chequing and savings accounts.

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Account Name	Features	Transactions exceeding monthly limit	Interest	Monthly Fees
Maxi	40 Free Debit Transactions 4 Free ATM withdrawals 1 book standard cheques Free e-transfers	$1.00 per transaction thereafter	0%	$11.95 + $5.00 Overdraft protection fee Fee waived if minimum daily balance is $2500 or more
Inclusive	Unlimited Debit Transactions Unlimited ATM withdrawals 1 book standard cheques Free e-transfers	Overdraft Interest Only. Maintenance fee included	0%	$16.95 Fee waived if minimum daily balance is $3500 or more
Senior/Student Maxi	20 Free DebitsTransactions 4 Free ATM withdrawals 1 book standard cheques Free e-transfers	$1.00 per transaction thereafter Overdraft Interest Only	0%	$5.00 + $5.00 overdraft protection fee Fee waived if minimum daily balance is Senior – $2500 Student – $1000
Senior/Student Inclusive	Unlimited Debit Transactions Unlimited ATM withdrawals 1 book standard cheques Free e-transfers Includes $5 maintenance fee	Overdraft Interest Only	0%	$7.50 Fee waived if minimum daily balance is Senior – $3500 Student – $1500
Basic (Personal / Business)	Pay as you go $1.00 per transaction	Overdraft maintenance fee $5.00	0%	Pay as you go
Current (Business)	20 Debit Transactions Unlimited ATM withdrawals Free e-transfers Business cheques only	$0.75 per transaction Overdraft $3.00 or Interest	0%	$18.95

Personal Cheques	Cost (1st order free)
50 Singles	$38.24
100 Singles	$40.61
200 Singles	$51.29
40 Duplicates	$46.54
80 Duplicates	$52.48
Meritline - 50 Singles	$38.24
Primeline - 50 Singles	$38.24

* Seniors Discount - 1 order of 50 or 100 singles per year at a 50% discount

Business Cheques	Cost (1st order free)
100 Business Cheques (Traditional 2/page)	$68.86
200 Business Cheques (Traditional 2/page)	$94.26

SAVINGS ACCOUNTS

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Account Name	Features	Transactions exceeding monthly limit	Interest	Monthly Fees
High Speed Savings	1 Free Debit Transaction	$5.00 per Debit Transaction Overdraft $5.00	Tiered by balance $0-$75k > 0.25% $75-$150k > 1.00% $150k+ > 1.50%	$0
Optimum	1 Free Debit Transaction	$5.00 per Debit Transaction Overdraft $5.00	1.20%	$0
Plan 24	4 Free Debit Transactions	$2.50 per Debit Transaction thereafter. E-transfers $1.50	Tiered by balance	$0
Fat Cat	4 Free Debit Transactions	$1.00 per Debit Transaction Overdraft $5.00	0.010% /month	$0
USD	3 Free Debit Transactions	$5.00 per Debit Transaction Overdraft $5.00	0.010% /month	$0

FEE SUMMARY

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Cheques

ITEM	CURRENT FEE (1st order free)
50 Singles	$38.24
100 Singles	$40.61
200 Singles	$51.29
40 Duplicates	$46.54
80 Duplicates	$52.48
Meritline 50 Singles	$38.24
Primeline 50 Singles	$38.24
100 Business Cheques	$68.86
$200 Business Cheques	$94.26

GENERAL SERVICE FEE CHANGES

ITEM	CURRENT FEE
Stop Payment	$25.00
Office Certified Cheque by holder	$15.00
Certify Cheque for third party	$15.00
Counter Cheques / Clearing Counter Cheques	Emergency basis only - $10.00 per cheque
Draft / Official Cheque	$10.00
Incoming wire	$25
Overdraft handling fee	$5.00 per item
Outgoing wire – Canadian	$65
Outgoing wire – outside Canada	$65
Transfer of account balance to another Financial Institution	$25
* Notice of change February 4th 2021. Change in effect April 15th 2021. Inactive Account Fee	$25 / year (years 2-5) $50 / year (years 6-9)
Document Search	$250.00 Minimum. $100.00 per hour
Courier Charge	$15.00
Cheque issued in wrong currency	$50.00 Plus exchange rate
Cheque look up and print	$25.00 within 7 years
Bill payment, balance request or transfer by phone	$2.50 each
Registered account transfer out fee	$150.00
TFSA withdrawal from term	$100 and interest penalty since last paid
TFSA Transfer out request - Full or Partial	$150.00
TFSA variable withdrawal fee	1 free per month, $5.00 thereafter
RRSP withdrawal from variable or Pensioners Parking account	1 free per year. $25.00 thereafter
RRSP Transfer out request - Full or Partial	$150.00
RESP / RRSP Withdrawal from Term	Typically not allowed - $100 and interest penalty since last paid
RESP Withdrawal from variable	Free for educational purposes. $150.00 otherwise
GIC - Withdrawal from Term	Typically not allowed - $100 and interest penalty since last paid
RESP Transfer out - Full or Partial	Full - $150.00 Partial - $345 ($195 Wyth + $150 Credit Union)
Pre-Authorized Debits or Credits Manually returned	1 Free. Additional $10.00 per reoccurring
NSF Cheques	$45.00
NSF Loan/Mortgage/lOC	$45.00
Overdraft	$5.00 per item
Authorized Overdraft Maintenance Fee	$5.00 per month
Unauthorized Overdraft	$5.00 per item, plus interest
Paper Statements	$2.00 per month
Debit Card Replacement	1 free per year. $10.00 thereafter
Dormant / Inactive Account Fee	$50.00
Reference letter: account info, interest	$15.00
Rejected clearing item	1st one no charge. $5.00 recurring
Safe Deposit Box Annual Fee - Small / Medium / Large	Small $37 / Medium $57 / Large $117 - Annually
Safe Deposit Box Drilling	$100.00 +
Safe Deposit Box key replacement	$50 +
Research or multiple statement prints	$20.00 per hour. Min $20
Bill payment trace or recall	$15.00
Mortgage Discharge	$400.00
CAFT Payment	$20.00
Bridge Financing - Relocation with mortgage	$400.00
Bridge Financing Relocation no mortgage	$500.00
Bridge Financing - Mortgage with OPPACU	$500.00
Bridge Financing - without mortgage	$750.00
Mortgage/LOC/Refinance	$500.00
Expedited Mortgage/LOC/Refinance <31 days	$500.00
Remove a Covenant (i.e. Marital Breakdown)	$100.00
Construction Mortgage	$500.00 plus $250.00 per advance
Skip a Payment	$100.00
AVM Fee	$250.00
PPSA Search Fee & Registration Fee	$100.00

OVERDRAFT PROTECTION

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19% interest with overdraft protection, 22% interest without overdraft protection

WAYS TO ACCESS

SWITCHING MADE EASY

Switching your chequing or savings account and pre-authorized payments to the OPPA Credit Union is probably simpler than you think. With most utilities and companies offering
online account management, it can be done in a few clicks of your keyboard.

Follow these 3 easy steps to help you transfer over existing pre-authorized transactions
(ie. utility bills, insurance payments, loan payments, etc.) to come out of your OPPA
Credit Union account.

1.

Use the account switch checklist to gather a list of pre-authorized payments you currently have coming out of your account. (Loan payments, bill payments, pre-authorized payments, etc.

2.

Obtain a void cheque form / account information with transit and branch number from your online banking account page.

3.

Log into your online account with the respective companies where you have pre-authorized payments. Update your account information with your new OPPA Credit Union account details, attach your personalized void cheque form if require.

* Handy reminder – leave enough money in your old account to cover pre-authorized transactions for the next 4-6 weeks, until the updates catch the next billing cycle / come into effect.

financial backup for life

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