Margosa Credit Union Limited
 
 
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Address
2100 Ellesmere Road,
Suite #100A, Toronto,
Ontario, M1H 3B7
Phone: (416) 915-8989
Fax : (416) 915-8986
contact@margosacreditunion.ca
Rates & Fees
DEPOSIT RATES
INVESTMENT CHEQUING
 
BALANCE FROM BALANCE TO RATE (%)
-
5,000
0.05%
5,000.01
25,000
0.25%
25,000.01
50,000
0.50%
50,000.01
and over…
1.00%
 
   
 
 
DAILY INTEREST  -  1.50%
 
 
DAILY INTEREST  -  0.10%
 
 
DAILY INTEREST  -  1.00%
 
 
DAILY INTEREST  -  2.00%
 
 
1 YEAR  -  4.95%
 
2 YEAR  -  5.20%
 
3 YEAR  -  5.45%
 
4 YEAR  -  5.75%
 
5 YEAR  -  5.95%
 
 
5 YEAR  -  3.95%
MARGOSA INVESTMENT RATES
 
 
1 YEAR    -  1.00%
 
2 YEARS  -  1.75%
 
3 YEARS  -  2.00%
 
4 YEARS  -  2.30%
 
5 YEARS  -  2.65%
 
 
1ST YEAR     -  0.40%
 
2ND YEARS  -  1.75%
 
3RD YEARS  -  3.45%
 
 
1ST YEAR     -  0.40%
 
2ND YEARS  -  1.75%
 
3RD YEARS  -  2.45%
 
4TH YEARS  -  3.50%
 
5TH YEARS  -  5.00%
 
 
1-2 YEARS   -  0.75%
 
3 YEARS      -  1.2%
 
4 YEARS      -  1.4%
 
5 YEARS      -  1.6%
 
 
3 YEAR  -  (TSX60)
 
5 YEAR 
With effect from 1st July 2009, the following packages will apply to all our member accounts. Business Accounts will be awarded the Gold Package.

NORMAL PACKAGE – MONTHLY
- Canadian Point of Sale Transactions (for the purchase of goods or services) – 3 free transactions
- Canadian ATM withdrawals (for cash withdrawals from an automated teller machine) – 2 free withdrawals
- Bill Payments – 2 free transactions
- Cheque Payments or Electronic Funds Transfers via internet – 3 items free.

SUPER USER PACKAGE – MONTHLY
- Canadian Point of Sale Transactions (for the purchase of goods or services) – Up to 3 transactions free, thereafter at $1.00 per transaction
- Canadian ATM withdrawals (for cash withdrawals from an automated teller machine) – Up to 2 withdrawals free, thereafter at $2.00 per withdrawal
- Bill Payments – Up to 2 transactions free, thereafter $3.00 per transaction
- Cheque or Electronic Funds Transfers via internet – Up to 3 items free thereafter, $1.00 per item.

GOLD PACKAGE (FOR BUSINESS ACCOUNTS) - MONTHLY
- A monthly service charge of $10.00 for upto 20 transactions. Thereafter at $1.00 per transaction.
- Monthly Statements together with paid cheques available for pick up.


SPECIAL AND ONE TIME TRANSACTIONS
Cheque Return Fees - $30.00 per item.
Processing of Customer Automated Funds Transfer file - $50.00 per file
Electronic Funds Transfers (wires) – Sending $20.00
Electronic Funds Transfers (wires) –Receiving $10.00
Canadian Money Orders – $5.00
Certified Cheques – $5.00
Non Canadian Cash Withdrawals and Point Of Sale transactions – C$2.00 per transaction plus USD 1.50 per transaction for US settlement charges.


 
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