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U.s. funds ACCOUNT
With this account you avoid the fees that
occur when you exchange your U.S. and Canadian dollars back
and forth. It’s similar to our PERSONAL 1 Account,
except that all funds are maintained in U.S. dollars. Plus,
it’s a ‘tiered’ account – the higher
your balance, the higher the interest rate you earn.
Who’s eligible?
All members, commercial and not-for-profit
member organizations.
| Features |
details |
| Statement or Passbook |
Statement only |
| Cheques Stored or Returned |
Stored |
| Interest Calculation |
Step method |
| Interest Frequency and Payment |
Calculated on the closing daily balance,
and paid at each month end |
| Member Card Available |
No |
| Works with MasterCard Global Payment |
No |
| Overdraft Protection |
No |
| Free Services |
When a minimum balance of $1,000 U.S. is
maintaned, all service charges are waived. |
| Withdrawals (over the counter) |
.70 |
| Transfers |
Not Applicable |
| Cheques |
.70 |
| Deposits |
Free |
NOTE: This account cannot be accessed by Direct Payment
or ATM.
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