Our commitment remains to ensure members are able to receive the most convenient and efficient service possible and that the costs associated with these services are among the lowest available. After four (4) years of no change, rates have been set, as seen below:

 Services

    Fees

    GCT

Total

New membership application

  4,200.00

-

4,200.00

Maintenance of accounts                                           NO CHARGE

Dormant account                                                       NO CHARGE

Reactivation of dormant account                               NO CHARGE

Letter (regular)

   1,200.00

   198.00

 1,398.00

Letter (express)

   2,580.00

  425.70

3,005.70

Stop deduction letters                                             NO CHARGE

Credit report

   1,700.00

  280.50

 1,980.50

Returned cheque (local)

   2,500.00

   412.50

 2,912.50

Cancelled cheque

   1,030.00

   169.95

 1,199.95

Additional cheque

      100.00

     16.50

    116.50

Standing order (internal)                                           NO CHARGE

 

Standing order (external)

      170.00

    28.05

   198.05

Salary deduction posting                                            NO CHARGE

Bill of sale

   3,500.00

  577.50

4,077.50

Discharge of mortgage

   2,500.00

   412.50

 2,912.50

Duplicate release of assignment                                  NO CHARGE

Discharge of lien                                                         NO CHARGE

Change of security (internal)

   1,000.00

   165.00

 1,165.00

Hypothecation for other lenders

   1,030.00

   169.95

 1,199.95

Tax Office visit for amendments to motor vehicle titles

                        Corporate area

      500.00

    82.50

   582.50

                       Out of town

   2,000.00

  330.00

2,330.00

Debit card replacement

      300.00

    49.50

  349.50

ABM fee (paid annually)

    1,500.00

  247.50

 1,747.50

Quarterly statement of accounts                              NO CHARGE

Statements outside of regular statement period (express)

      500.00

   82.50

  582.50

Moratorium

   1,000.00

   165.00

 1,165.00

Transfers between internal accounts                        NO CHARGE

In-branch deposits                                                    NO CHARGE

In-branch withdrawals                                               NO CHARGE

In-branch point of sale transaction

                      Debit card (per transaction)

         42.92

7.08

50.00

                      Credit card (per transaction)

4% of amount

+ GCT

 

Deposit to banks on member's request

                       Half Way Tree

   3,000.00

  495.00

3,495.00

                      New Kingston

   3,000.00

  495.00

3,495.00

Real Time Gross Settlement (RTGS)

                      B.N.S.

      100.00

-

   100.00

                        N.C.B.-Sagicor Bank-F.G.B.

      400.00

-

   400.00

Late loan payments

      500.00

    82.50

   582.50

Debt collector                                                          VARIES