Business Chequing

Gain access to your funds and have a peace of mind knowing that your money is safe with the First Federal Co-operative Credit Union Ltd Chequing Account. As a member, you have access to all the benefits of a chequing account without all the added fees such as:

  • Enjoy the convenience of 24/7 access to your money and have the freedom and flexibility to make major purchases.
  • Secure your finances by eliminating carrying large sums of cash on you. Simply deposit the funds directly to your chequing account or to your business savings account and make the necessary transfers when needed.
  • Free transfer between accounts without any charge
  • No minimum balance penalty

Minimum to Open

$1,000.00

Cheques in Book

48 cheques / 96 cheques

Stamp Duty

$4.80 stamp duty/$9.60 stamp duty

Monthly Fee

$11.70 minimum charge; $1.25 per debit item

Overdraft Protection

Upon Request

Overdrawn Cheques

$35.10 per cheque

Returned Cheque/Insufficient Funds Charge

$52.65

Internal transfer between accounts

FREE

External transfer between accounts

$11.70

Minimum Balance Required

No