Servus reviews its accounts and fees on a regular basis to make sure we're offering our members good value for their money while covering the costs of the services we provide.
As a result of our latest review, we're making changes to some service fees. The following changes will take effect as follows.
As of August 30, 2024:
| Fee type Miscellaneous | New fee |
|---|---|
| Bank draft (CAD, USD, and international) | $9.95 |
| Chargeback | $9 |
| Certified cheque (non-member) | $25 |
| Inactive account: 5 years | $30 |
| Inactive account: 10 years | $40 |
| Post-dated cheque held for deposit | $5 |
| Duplicate bank statement | $5 |
| Stop payment (full details) | $15 |
| USD cheque drawn on CAD account | $20 |
| Safety deposit box | |
| 1.5 x 5 | $60 |
| 2.5 x 5 | $85 |
| 3 x 5 | $100 |
| 3.25 x 5 | $100 |
| 5 x 5 | $135 |
| 5 x 10 | $250 |
| 15.5 x 9.5 | $350 |
| 10 x 10 | $400 |
| Drill box | $200 + locksmith cost |
| Outgoing wire transfer | |
| CAD to Canadian FI | $30 |
| USD to Canadian or US FI | $40 (USD) |
| CAD/USD to International FI | $60 |
As of September 30, 2024:
| Fee type Miscellaneous | New fee |
|---|---|
| If you transfer your FHSA, RESP, RRIF, RRSP, and/or TFSA either partially or in full to another financial institution (RESPs will incur an additional transfer fee charged by our trust administrator) | $100 |
If you have questions about these changes, or if you'd like to review your banking plan to make sure it fits your needs and your budget, make an appointment at your branch or call 1.877.378.8728 to speak with a financial advisor.