           Chequing A St. Mary’s Chequing Account offers convenience for managing your funds, unlimited free cheque writing privileges and pays interest on your balance. You also have the choice of a passbook or a statement with your cancelled cheques returned to you. Interest is earned with a minimum monthly balance of $500. Benefits include:
Savings Our savings plans pay off in more ways than one! In fact, it pays off in three important ways: financial flexibility, convenience, and good returns. Choose from a complete range of savings plans designed to work for you.
Savings accountThe savings account is a tiered savings account in which the interest rate increases with higher balances. Interest is calculated on the lowest monthly balance and paid twice a year. Benefits include:
Term Deposits The interest rates that are paid on credit union term deposits can help you realize your savings goals sooner. Members wishing to receive a guaranteed return may purchase a term deposit in periods from 30 days to 5 years.
U.S. Savings If you winter or often travel to the United States, you will find the U.S. Savings account beneficial. Interest is calculated if daily closing balance is $1 or more and paid at the end of the month.
Special SavingsThis account allows you to accumulate earnings from your share capital.
Share capitalTo become a member of the CU you are required to purchase CU shares valued at $250. This is your capital and you will receive dividends proportional to you shares.
Trust AccountsTrust accounts are set up for the benefit of one or more persons (called the beneficiary"), and administered by one or more persons (called the "trustee"). The most common example of a trust account is one administered by a parent for the benefit of a child. There are no chequing privileges associated with this account. Rates are set according to account balances.      Dear Members ! As of June 1,2009 St. Mary’s Credit Union has merged with Buduchnist Credit Union. In the months ahead, a number of exciting new changes will be taking place, as we work to improve our financial services to you, our Members. After September 1, 2009, you will have the option of banking at any one of the many branches in the Buduchnist Credit Union family. We encourage you not to close St. Mary’s accounts, because you will be eligible to receive a special dividend that will be paid to you by Buduchnist Credit Union on May 31, 2010.  Special Rates !!!
New Deposits 1 year 2.50% 2 years 2.75% 3 years 3.10% RRSP (new clients) 1 year 2.75% 2 years 3.00% 3 years 3.25% Mortgages 1 Year closed 4.50% 2 Years closed 4.75% 3 Years closed 4.80% VR open 5.00%   |
