Valley First

Service Fee Guide

At Valley First, we like to make things simple for our members—so here is a handy list that you can reference for account related service fees.

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Member Service Fees

Account Related Fees


Account closing (within 90 days)
Transfer balance of account
Bank confirmation - standard
Bank confirmation - comprehensive
Change of signer
Cheque retrieval / Record search - in branch
Cheque retrieval / Record search - comprehensive
Coverdraft (per transfer)
Chargeback
Non-sufficient funds (NSF) cheque
Unauthorized overdraft charges (per item)
Overdraft protection (per month)
Item held for collection
Postdated cheques (per item)
One-time fee after 18 months of inactivity
Inactive account (per month after 18 months)
Failed auto fee
Order duplicate printed statement
In-branch statement printout
Mailed statement (per month)
Stop payment (in-branch & electronic)
Counter cheque - encoded (per 4 cheques)
Order cheques (standard) - 50
Order cheques (standard) - 100
Unencoded cheque
Cheque written in U.S. funds on CAD account
Foreign currency / Cheque ATM deposit
Utility bill trace
Administer and settle estate account
Telephone request to transfer funds between accounts
$25.00
$25.00
$30.00*
$50 per hour*
$25.00
$3.00*
$50 per hour*
$5.00
$6.00
$45.00
$5.00
$2.00
$20.00
$3.00
$42.50
$2.50
$5.00
$50.00
$5.00
$2.00
$13.00
$2.00*
Cost
Cost
$10.00
$10.00
$5.00
$15.00
$100.00*
$5.00

Official Cheque & Draft Fees


Official cheque (for member)
Official cheque (for non-member)
U.S. drafts (for member)
Foreign currency drafts (for member)
$8.00
$20.00
$8.00
$8.00

RRSP / RRIF / TFSA


Duplicate official receipt
Plan closed within 6 months
Full transfer out and plan closed
Partial transfer of plan
FREE
$50.00
$50.00
$50.00

Wire Transfers


Receive CAD Funds
Receive USD Funds (fee in USD)
Send CAD funds within Canada
Send CAD funds to other countries
Send USD funds to USA (fee in USD)
$12.00
$14.50
$22.00
$27.00
$24.50
Send USD funds to Canada / other countries
(fee in USD)
$27.00
Send Currency Other than CAD or USD to All Countries
$22.00

Loan and Mortgage Fees

Loan and Mortgage Fees


Loan application
Mortgage assumption
Mortgage discharge
Mortgage readvance
Mortgage renewal
Mortgage transfer out
Payment alteration
Construction mortgage fee (starting at)
Construction mortgage standby fee (per month)
Substitution of security
Title search
Property survey fee
Property evaluation / appraisal / progress inspection
$75.00
$100.00
$75.00
$175.00
$75.00
$75.00
$25.00
0.50%
0.10%
$100.00
$25.00
Cost
Cost

Everything Else

Miscellaneous


Letters (bank, immigration, reference, interest)
Non-member transaction
$30.00*
$5.00

Night Deposit


Per 100 bags
Lost key replacement
$30.00*
$15.00*

Safety Deposit Boxes


1.5" x 5" (price/year—excluding taxes)
2.5" x 5" (price/year—excluding taxes)
2.5" x 10" (price/year—excluding taxes)
3.25" x 5" (price/year—excluding taxes)
5" x 5" (price/year—excluding taxes)
5" x 10" (price/year—excluding taxes)
10" x 10" (price/year—excluding taxes)
Lost key replacement
Drilling safety deposit box
$40.00*
$60.00*
$85.00*
$60.00*
$85.00*
$150.00*
$250.00*
$20.00*
$200.00*
*applicable taxes may apply to some services.