Business Savings

The Business Savings account is an interest earning savings account that gives your business maximum liquidity and flexibility between investments.

This is a good account for small, medium and large businesses that need to deposit and accumulate funds without compromising liquidity.

Account features

  • Free monthly account statement
  • Interest earning account
  • Electronic services, including MEMBER CARD® debit card, ATM's, Business Express Internet and Tel Express
  • Unlimited deposit protection through CUDIC
  • Make in-branch deposits for same-day availability

Account interest information

This account earns a flat rate of interest. Interest is calculated as a portion of your daily balance, and is paid monthly when a minimum monthly balance of $1,000.00 is maintained.

Account terms and conditions

  • This account does not have cheque writing privileges
  • Account must maintain a minimum monthly balance of $1,000.00 to pay interest

For more information or to open this account

Phone our Member Service Centre at 604-517-0100, visit a branch, or fill out a request to receive more information.

Business Savings Account FeesFee
Free transactions per monthN/A
Monthly Maintenance FeeN/A
ChequeN/A
In-branch Withdrawal$0.80
Deposit$0.80
In-branch bill payment$0.50
ATM Withdrawal or Transfer1$0.70
ATM Deposit$0.70
Pre-Authorized Payments$0.70
Direct Payment1$0.45
TelExpress/Online Banking Bill Payment/Transfer$0.50
Electronic Credits (pre-authorized and POS)$0.30
Statement with images of cheques2Free
Minimum Monthly Balance for Interest Paid$1,000.00
1 Available for sole proprietorships only
2 This account does not have cheque writing privileges
 

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