- Features:
- No minimum balance
- Easy access
- Funds not locked in
- An alternative to the "virtual banks"
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- Deposits:
- Transfer from chequing through online banking or TeleService
- Pre-authorized transfer from credit union chequing account or account at another financial institiution
- In-branch deposit
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- Withdrawals:
- Transfer from CUSAVE account to credit union chequing account through online or TeleService
- access chequing account through ATM, direct payment or cheque
- In-branch withdrawal
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- Premium Rates:
- Premium rate paid on balances over $5,000
- Regular Plan 24 rate paid on balances under $5,000
- Interest calculated on the closing daily balance and paid monthly
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- Service Fees:
- No fees for electronic banking
- No fees for in-branch deposits
- No fees for pre-authorized transfers
- $5.00 charge for in-branch withdrawals
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- Security:
- Unlimited guarantee provided by Credit Union Deposit Guarantee Corporation
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