Effective January 1, 2020, Westminster Savings and Prospera Credit Union officially merged. The two credit unions are now one legal entity – Prospera Credit Union. In the months ahead, we will be launching our new brand and will be revising all materials including our website. We appreciate your patience during this transitional period.

Business Service Charges

Icing on the cake shouldn't cost a fortune. We want to help you find the business account that gives you what you want without spending more than you need to.

Bank Draft for USD or foreign currency
  • $10
  • Cheques
    First 12 cheques on new account
  • Free
  • Additional cheques
  • Fees vary depending on style and quantity
  • Cheque copies
  • $3 in-branch
  • $5 + Central 1 fee + GST
  • Cheque images
  • $2 per month with paper statement
  • Free through online banking
  • Cheque written in currency other than the account currency
  • $10
  • Collections
    On-site collections
  • $25; includes official cheque
  • Held for collections (10 days)
  • $25; includes official cheque
  • Cheque sent on collection (any fees from other institutions excluded)
  • $25
  • Chargeback - 3rd party cheque
  • $7.50
  • Collection of foreign funds
  • $5 + Central 1 fee
  • NSF cheque or pre-authorized payment
  • $45
  • Dormant account (inactive for 12 months)
  • $5 per month
  • Foreign cash purchase
  • $5 per order
  • Incoming money transfers
  • $12
  • Letters - bank confirmation, immigration, interest
  • $25 + GST
  • Non-encoded cheque
  • $1
  • Official cheque
  • $7
  • Outgoing money transfers
  • $30
  • Overdraft protection
  • $5 per month, when used + interest
  • Post-dated cheque held for deposit
  • $5 per item
  • Stop Payment
  • $15
  • Registered account transfer out fee
  • $50
  • Safety deposit boxes
  • $40 to $245 + GST (depending on size)
  • Searches
    Under 1 year
  • $5
  • Over 1 year
  • $40 per hour
  • Statements
    Duplicates
  • $5 per month requested
  • Hold statement
  • $10 per month
  • Tax receipt copies
  • $5 + GST
  • Telephone service charge
    Transfer funds between accounts
  • $5
  • Verify funds
  • $5
  • Bill payments
  • $5
  • Transfering a Prospera account balance to another financial institution
  • $25; includes official cheque
  • Unauthorized overdraft
  • $5 per item + interest
  • Credit Card balance transfer
  • Free