Service Fees

Personal Accounts Expand/Collapse


In-branch and pre-authorized deposits Free
Pre-authorized withdrawals $0.65
Point-of-sale withdrawals $0.65
Online bill payments $0.65
Interac e-transfers Free
Online transfers (SECU to SECU account only) Free
Cheque cashing $0.65
NSF (cheques, electronic fund transfers, loan/mortgage payments, and pre-authorized withdrawals/deposits) $45.00
Accomodation fee $25.00
Chargebacks $10.00
ATM deposits (all Canadian credit unions) Free
ATM withdrawals (all Canadian credit unions) $0.90
ATM withdrawals (Interac network, other Canadian FIs and ABMs) $0.90
ATM bill payments (Alberta CU) $1.50
US ATM withdrawals (Cirrus & Maestro) $1.50
International ATM withdrawals (Cirrus & Maestro) $1.50
Canadian $ bank drafts $7.00
US $ bank drafts $7.00 USD
Paper statements $1.50/month
Stop payments

$12.50 if complete details provided

$20.00 if incomplete details provided

Bill payment traces/recalls $25.00
Late loan payment fee $25.00
Cross-border debit (US cheque cleared through Cdn account and vice versa) $15.00/item
Incoming collection item $30.00/item
Outgoing collection item $30.00/item
Transfer out fee (RRSP, TFSA, RRIF, and RESP) $50.00/transfer
4 personal cheques $3.00
12 personal cheques $6.00
24 personal cheques $8.00
48 personal cheques $10.00
100 personal cheques $14.00
200 personal cheques $19.00

Business Accounts Expand/Collapse

In-branch and pre-authorized deposits Free
Pre-authorized withdrawals $0.80
Point-of-sale withdrawals $0.80
Online bill payments $0.80
Interac e-transfers Free
Online transfers (SECU to SECU only) Free
Cheque cashing $0.80
NSF (cheques, electronic fund transfers, loan/mortgage payments, and pre-authorized withdrawals/deposits) $45.00
Accomodation fee $25.00
Chargebacks $25.00
ATM deposits (all Canadian CU) Free
ATM withdrawals (all Canadian CU) $1.50
ATM withdrawals (Interac network, other Canadian FIs and ABMs) $1.50
ATM bill payments (Alberta credit unions) $1.50
US ATM withdrawals (Cirrus and Maestro) $1.50
Foreign ATM withdrawals (Cirrus and Maestro) $1.50
Canadian $ bank drafts $7.00
US $ bank drafts $7.00USD
Paper statements $2.50/month
Stop payments

$12.50/item if complete details provided

$20.00/item if incomplete details provided

Bill payment traces/recalls $25.00/item
Cross border debit (US cheque cleared through Cdn account and vice versa) $15.00/item
Incoming collection items $30.00/item
Outgoing collection items $30.00/item
50 business cheques $25.00
100 business cheques $50.00
200 business cheques $75.00

Miscellaneous Fees Expand/Collapse

Wire transfers

Incoming from other credit unions $15.00
Outgoing to other credit unions $15.00
Incoming from other Canadian financial institutions $15.00
Outgoing to other Canadian financial institutions

$25.00

Incoming from US financial institutions $15.00
Outgoing to other US financial institutions $25.00
Incoming from FIs outside of Canada and US $15.00
Outgoing to FIs outside of Canada and US $45.00

Other

Account closing withing 90 days of opening $20.00/item
Research fee $10.00/item

Inactive account fee

$25.00/year

Changes to Service Fees (effective February 2016) Expand/Collapse

 

Effective February 1, 2016, we will be lowering the fee waiver thresholds for the following Business Accounts:

Account type Current fee waiver threshold  New fee waiver threshold effective February 1, 2016

Eco Business Account($35/month)

$20,000 $10,000
Enriched Business Account ($70/month) $70,000 $25,000

 

We will also be changing and implementing new fees on our Personal and Business accounts. A full list of the changes are available below.

Service Type
Current New Fee (effective February 8, 2016)
NSF cheques/ pre-authorized debit/loan payment $42.50 $45.00
Stop payments $12.00 per item

$12.50 per item if complete details are provided

$20.00 if partial details provided

CAD$ bank drafts $2.50 $7.00 CAD
USD$ bank drafts $5.00 $7.00 USD
Cross border cheque debit $10.00 $15.00

Dormant account fee (no deposit or withdrawal activity for 24 consecutive months)

$10.00/year $25.00/year
Collection items (incoming) $15.00 $30.00
Collection items (outgoing) $15.00 $30.00
Incoming wire transfers from other CUs $5.00 $15.00
Incoming wires from other Canadian FIs $10.00 $15.00
Incoming wires from other US FIs $10.00 $15.00
Incoming wires from foreign FIs $25.00 $15.00
Outgoing wires to other CUs $5.00 $15.00
Outgoing to other Canadian FIs $10.00 $25.00
Outgoing to other US FIs $15.00 $25.00
Outgoing to other foreign FIs $25.00 $45.00

New Fees

Balance of Account Transfer (for non-registered fund transfers mailed directly to other FI) $20.00

Bank card replacement

1 free per calendar year, then:

$5.00
Duplicate copies (printed or emailed): T-slips, RRSP receipts, statements, copies of cheques $10.00 per item
Letter of confirmation of funds

$10.00 per letter

Principal and/or interest letter (for loans, mortgages, and investment products) $10.00 per letter

These changes keep Shell Employees’ Credit Union in line with average market rates, ensuring competitive pricing for the same level of service credit unions are known for locally and nationally.


Our primary aim is, and always will be to provide a high level of service to our member-owners, and we are committed to maintaining and continually improving this. 

If you will be impacted by these changes and would like to find out about other, lower cost options that may be available, please feel free to contact us and we will be happy to work with you. 

Thank you for your understanding and you continued support.