Chequing Accounts
Lakeland Ultra
Lakeland
Lakeland Electra
Maximizer
Basic Chequing
Golden (59+)
Savings Accounts
Platinum
Lakeland Credit Union takes steps to protect you. Protecting the confidentiality and security of your personal information is one of our top priorities.
Take action immediately if you suspect identity theft.
- call Lakeland CU immediately if you suspect you have been a victim of identity theft or if there is unusual account activity in any of your accounts.
- call the police and file a report. Ask for a copy of the report.
- change your PIN immediately.
- Contact Canada Post if someone is diverting your mail.
For complete information on Identity Theft, visit the Government of Canada website: www.safecanada.ca/identitytheft_e.asp
Personal | Chequing & Savings Accounts
Chequing Accounts
Lakeland Ultra
For a monthly fee of $15.00, this comprehensive package chequing account includes:
- Monthly statement with cheque imaging.
- Membercard - for ATM usage and direct payment purchases.
- *MasterCard Global Card (a debit card) acts like a cheque but is more convenient.
- Debit items.
- Unlimited transactions at Lakeland Credit Union ATM's.
- First 12 transaction free at other Financial Institution ATM's.
- Free cheque certification.
- Money orders, traveller's cheques, bill payments, Canadian drafts and stop payments.
- Free electronic account access using TeleService and internet.
- *Authorized overdraft facility - pay nominal usage fee and
interest only for amount used.
*Subject to normal criteria.
Lakeland
A full service package for $9.00 per month which includes:
- Monthly statement with cheque imaging.
- Debit items.
- Bill payments in-branch.
- Purchase of traveler's cheques.
- Unlimited transactions at Lakeland Credit Union ATM's.
- *Authorized overdraft facility-pay nominal usage fee and interest
only for amount used.
* Subject to normal criteria.
Lakeland Electra
A $5.00 monthly service charge package fro members that seldom write cheques and enjoy the convenience of electronic banking.
- Monthly statement with cheque imaging.
- The first 25 electronic debit items are free including a combination of: Lakeland Credit Union ATM's, direct debit (Interac), electronic fund transer (EFT), TeleService and internet.
- Two free over the counter withdrawals per month.
Maximizer
The return of a savings account and the convenience of a chequing account all in one. If you maintain a minimum balance of *$1,000 in the account through the month, there are no charges for:
- Monthly statement with cheque imaging.
- Debit items.
- Bill payments.
- Transactions at Lakeland Credit Union ATM's.
- TeleService and internet.
* Regular fees apply if the balance fall below $1,000 at any time during the month.
Interest is calculated on the following tiers:
$5,000
$25,000
$60,000
$100,000
Basic Chequing
No monthly flat fee, service charges are calculated based on the transactions completed during the month.This includes a monthly statement with cheque imaging.
Golden Account
If you're 59 years old or over, you've earned every no-charge service and benefit we could think of, and more. The Golden Account package provides the following services.
- Free standard Credit Union personalized cheques and no activity fees.
- Free bill payments.
- Free traveler's cheques.
- Free money orders.
- Free TeleService and internet access.
- Free - first 12 transactions at other financial institution ATM's.
- 1/4% bonus on minimum term deposit of $5,000 over one year.
- 50% off safety deposit box rentals.*
- Monthly statement with cheque imaging.
- Free transactions at Lakeland Credit Union ATM's.
* Some conditions apply.
Savings Accounts
Platinum
A flexible savings account with competitive market interest rates. You have ready access to cash for short-term expenses and remaining funds on deposit continue to earn interest.
- Interest rates linked to current non-redeemable term deposit rates.
- Interest
calculated on your minimum daily balance and paid monthly at month end.
- Interest rates increase as your monthly balance increases.
Interest calculations based on the following balances:
$0 - $49,000
$50,000 - $99,999
$100,000+
