Accounts
Chequing and savings accounts that meet all your needs (how banking should be).
From keeping track of your day to day transactions to saving for tomorrow, there's a YNCU account that'll help you hit your goals. We keep our accounts straightforward so you know exactly what you're getting without any hidden fees or 5-dollar words. Refreshing, right?
Chequing Accounts
Simply Free Chequing Account Expand/Collapse
The flexibility and convenience of self-serve banking, plus a few basic transactions a month. The Simply Free Chequing Account supports your basic daily banking needs with no monthly service fees.
Features and Benefits
- No monthly service fees
- 12 free self-service debit transactions
- Basic package with easy-to-understand, pay as you go pricing
- Debit Card Buyer Protection and Extended Warranty included with your MemberCard
Core Features and Benefits
| Monthly Fee |
Free |
| Number of Debit Transactions |
12 Free Self-serve Transactions |
| Charge for Additional Transactions |
$1.00 |
| Minimum Balance to Waive Fee |
N/A |
Account Extras
| Interac e-Transfers |
Unlimited |
| ATM Withdrawals at another Financial Institution |
Ding Free at an Exchange Network ATM
$1.50 In Canada at a non-Exchange Network ATM
$3.00 Outside Canada |
| Cheques orders |
At current pricing |
| Discounted Student and Senior Monthly Fee |
N/A |
| Statement |
Free On-line / $2.00 printed |
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E-All Access Chequing Account Expand/Collapse
Do you prefer to do the majority of your banking online and on your own time? Do you use your debit card and send e-mail money transfers often? The E-All Access Chequing Account allows you to manage your accounts online with 24/7 accessibility and flexibility. Take advantage of a self-service chequing account with low monthly fees and perks specifically catered to those who like to do bank anywhere, anytime, mostly branch-free.
Features and Benefits
- Low monthly service fees, including a discount for Seniors and Students
- Unlimited Interac e-Transfers
- Unlimited self-serve transactions, including Point of Sale (POS)
- Debit Card Buyer Protection and Extended Warranty
Core Features and Benefits
| Monthly Fee |
$6.95 |
| Number of Debit Transactions |
Unlimited Self-serve Transactions |
| In-branch Transactions |
$1.00 |
| Minimum Balance to Waive Fee |
N/A |
Account Extras
| Interac e-Transfers |
Unlimited |
| ATM Withdrawals at another Financial Institution |
Ding Free at an Exchange Network ATM
$1.50 In Canada at a non-Exchange Network ATM
$3.00 Outside Canada |
| Cheques |
At current market pricing |
| Discounted Student and Senior Monthly Fee |
$4.95 |
| Debit Card Protection |
Buyer Protection and Extended Warranty |
| Statement |
Free On-line / $2.00 printed |
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Simply Plus Chequing Account Expand/Collapse
Want a budget-friendly chequing account that offers flexible transaction amounts both in-branch and online? Maintain a monthly balance of $3000 and want a discount on service fees? The
Simply Plus Chequing Accounthas features for doing your banking both in-branch and online, and offers a monthly service fee waiver for maintaining a $3000 balance.
Features and Benefits
- 50 transactions included per month that can be used both in-branch and online
- Discounted pricing for Seniors and Students
- Unlimited Interac e-Transfers
- Monthly fee waiver if a $3000 monthly balance is maintained
- Debit Card Buyer Protection and Extended Warranty
Core Features and Benefits
| Monthly Fee |
$11.95 |
| Number of Debit Transactions |
50 Free transactions monthly |
| Charge for Additional Transactions |
$1.00 |
| Minimum Balance to Waive Fee |
$3,000 |
Account Extras
| Interac e-Transfers |
Unlimited |
| ATM Withdrawals at another Financial Institution |
Ding Free at an Exchange Network ATM
$1.50 In Canada at a non-Exchange Network ATM
$3.00 Outside Canada |
| Cheques |
At current market pricing |
| Discounted Student and Senior Monthly Fee |
$6.95 |
| Debit Card Protection |
Buyer Protection and Extended Warranty |
| Statement |
Free On-line / $2.00 printed |
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100% Local Chequing Account Expand/Collapse
Want a full-service deluxe package chequing account that also gives back to your local community? The 100% Local Package offers members the ultimate in flexibility, including a minimum balance fee waiver. This Account also gives back to the local community, with 1% of monthly fees collected benefiting an important, 100% local cause.
Features and Benefits
- Unlimited in-branch and online transactions
- Unlimited Interac e-Transfers
- Discounted pricing for Seniors and Students
- Monthly fee waiver if a $5000 monthly balance is maintained
- Community contribution to a 100% local cause
- Debit Card Buyer Protection and Extended Warranty
Core Features and Benefits
| Monthly Fee |
$16.95 |
| Number of Debit Transactions |
Unlimited In-branch and On-line transactions |
| Minimum Balance to Waive Fee |
$5,000 |
Account Extras
| Interac e-Transfers |
Unlimited |
| ATM Withdrawals at another Financial Institution |
Ding Free at an Exchange Network ATM
$1.50 In Canada at a non-Exchange Network ATM
$3.00 Outside Canada |
| Discounted Student and Senior Monthly Fee |
$8.95 |
| Debit Card Protection |
Buyer Protection and Extended Warranty |
| Statement |
Free On-line / $2.00 printed |
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Home Free Chequing Account Expand/Collapse
To thank you for making one of the most monumental purchases of your life with us by your side, we want to provide you with an exclusive member benefit. Our
Home Free Chequing Account is a deluxe package valued at $16.95 per month, offered for free to our members who have a mortgage with us.
Features and Benefits
- Debit Card Buyer Protection and Extended Warranty
- Unlimited in-branch and self-serve transactions
- Free for Members with a YNCU mortgage
Core Features and Benefits
| Monthly Fee |
$16.95 - FREE with a YNCU mortgage |
| Number of Debit Transactions |
Unlimited Free monthly transactions |
Account Extras
| Interac e-Transfers |
Unlimited |
| ATM Withdrawals at another Financial Institution |
Ding Free at an Exchange Network ATM
$1.50 In Canada at a non-Exchange Network ATM
$3.00 Outside Canada |
| Debit Card Protection |
Buyer Protection and Extended Warranty |
| Statement |
Free On-line / $2.00 printed |
SaveSave
US Hybrid Chequing and Savings Expand/Collapse
Avoid the ups and downs of the U.S. currency exchange rates with the
U.S. Hybrid Chequing & Savings Account. This account will help you avoid converting U.S. currency to Canadian and back again. This account gives you the ability to write cheques, build savings, and earn interest in U.S. currency.
Features and Benefits
- No minimum deposit required
- Earn interest in U.S. dollars
- Flexibility to withdraw at any time (2 free monthly withdrawals)
Core Features and Benefits
| Monthly Fee |
Pay as you go |
| Number of Debit Transactions |
2 free per month |
| Charge for Additional Transactions |
$1.00 |
Account Extras
| Cheques |
At current market pricing |
| Statement |
Free On-line / $2.00 printed |
| Interest |
Paid monthly, calculated on daily closing balance |
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Savings Accounts
When it's time to save, we've got you covered. Whatever you're saving for, find an account that'll help you get there - from flexible, short-term savings to longer term investments that yield high rates, there's an account for you.
Simply Everyday Savings Account Expand/Collapse
If you regularly save your money, but like the flexibility of access to it, then this is the account for you. The Simply Everyday Savings Account offers you a flexible and convenient way to save your money, with anytime access to use your savings for whatever you need them for!
Features and Benefits
- Transaction fees waived for members 18 and younger (except Interac & Cirrus ATM transactions)
- Easy to understand, pay for use pricing
- Helps you save for current/immediate needs
| Monthly Fee |
Pay as you go |
| Number of Transactions |
Unlimited deposits and online transfers between YNCU accounts |
| Charge for Additional Transactions |
$1.00 |
Account Extras
| Interac e-Transfers |
$1.25 |
| ATM Withdrawals at another Financial Institution |
Ding Free at an Exchange Network ATM
$1.50 In Canada at a non-Exchange Network ATM
$3.00 Outside Canada |
| Discounted Student Fee |
Free for youth members up to age 18 |
| Interest |
Paid monthly, at posted rate |
High Interest Savings Account Expand/Collapse
Do you maintain a higher balance in your savings but don’t want the funds to be locked in? Then the High Interest Savings Account is right for you. Save for life’s important purchases, like vehicles, vacations, home renovations, or whatever you need, and earn a higher rate of return on your savings.
Features and Benefits
- One free debit transaction, transfer, or withdrawal per month
- Easy to understand, pay for use pricing
- $5000 minimum monthly balance to receive best rate
| Monthly Fee |
Pay as you go |
| Number of Transactions |
Unlimited deposits and one free Debit transaction per month |
| Charge for Additional Transactions |
$2.00 |
Account Extras
| Interac e-Transfers |
$2.00 |
| ATM Withdrawals at another Financial Institution |
Ding Free at an Exchange Network ATM
$1.50 In Canada at a non-Exchange Network ATM
$3.00 Outside Canada |
| Discounted Student Fee and Senior Monthly Fee |
N/A |
| Interest |
Paid monthly, at posted rate. Higher interest rate on deposit balance over $5,000 |
Combination Savings Account Expand/Collapse
Would you like an account that offers the flexibility of a Savings Account with the interest earning power of a GIC? (Silly question - who wouldn't?) The Combination Savings Account is for you! Your money is there when you need it, and growing at a special rate of return when you don't.
Learn more on the Combination Savings Account page.
Features and Benefits
- Minimum deposit of $5000
- Guaranteed special rate of return
- Product opens for deposits every 3 months - January, April, July and October
- Easy to understand, pay for use pricing
| Monthly Fee |
Pay as you go |
| Number of Transactions |
Unlimited deposits and one free Debit transaction per month |
| Charge for Additional Transactions |
$2.00 |
Account Extras
| Interac e-Transfers |
N/A |
| ATM Withdrawals at another Financial Institution |
N/A |
| Discounted Student Fee and Senior Monthly Fee |
N/A |
| Interest |
Paid monthly, at posted rate. Higher interest rate on deposit balance over $5,000 |
US Hybrid Chequing & Savings Account Expand/Collapse
Avoid the ups and downs of the U.S. currency exchange rates with the
U.S. Hybrid Chequing & Savings Account. This account will help you avoid converting U.S. currency to Canadian and back again. This account gives you the ability to write cheques, build savings, and earn interest in U.S. currency.
Features and Benefits
- No minimum deposit required
- Earn interest in U.S. dollars
- Flexibility to withdraw at any time (2 free monthly withdrawals)
Core Features and Benefits
| Monthly Fee |
Pay as you go |
| Number of Debit Transactions |
2 free per month |
| Charge for Additional Transactions |
$1.00 |
Account Extras
| Cheques |
At current market pricing |
| Statement |
Free On-line / $2.00 printed |
| Interest |
Paid monthly, calculated on daily closing balance |
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Download our menu of simplified chequing accounts. Standard service fees apply to transactions not listed in the menu.
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Download our menu of simplified savings accounts. Standard service fees apply to transactions not listed in the menu.
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Click here for additional information on Standard Service Fees.
Overdraft Protection
At YNCU, overdraft protection is a convenient service that guarantees a specific amount of credit to cover your account between paydays. Your cheques, withdrawals, pre-authorized payments, and direct payment purchases are honoured up to your predetermined overdraft limit.
- Overdraft protection is available on most personal chequing accounts. Protection limits are available from $500 to $2,500;
- A 5.00 monthly fee is applied to the account in months that the credit limit is being used;
- Interest is calculated on the daily outstanding balance and applied to the account at month end;
- There is no fee or interest cost for this protection service if the limit is not being used;
- Every 90 days the account must be brought into a positive balance.
Overdraft Protection Service is a valuable program that helps you manage your cash flow. It covers you up to your approved credit limit, when sufficient funds aren’t available in your account to complete a transaction.
Rate
21%
Term
Reviewed annually
*Contact your branch for information regarding special features, repayment, eligibility, lending criteria, securitization, and loan protection.
