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Business Banking - Account Types

Strictly Business Plus

The tiered Daily Interest Strictly Business Account is ideal for businesses that maintain large account balances and enjoy earning premium interest rates. A monthly statement is issued with imaged cheques included.

Interest Rates:

Tiered interest rate – see current rate sheet Interest is calculated on daily closing balance and paid monthly.

Fees:

  • $27.50 monthly fee
  • 25 free debits, $0.75 thereafter (pre-authorized debits, cheques, Interac®)
  • 4 free in-branch withdrawals, $0.75 each thereafter
  • $1.50 per ATM use at other financial institutions excluding BC Credit Unions
  • $3.50 per ATM use in other country
  • No charge for deposits
  • Free coin orders
  • Free deposit books

Strictly Business

The Strictly Business account is a non-interest bearing account designed for a lower volume of business transactions.A monthly statement is issued with imaged cheques included.

Interest Rates:

Tiered interest rate – see current rate sheet Interest is calculated on daily closing balance and paid monthly.

 

Fees:

  • $17.50 monthly fee
  • 10 free debits, $0.75 thereafter (pre-authorized debits, cheques, Interac®)
  • 4 free in-branch withdrawals, after that $0.75 each

Thereafter

  • $1.50 per ATM use at other financial institutions excluding BC Credit Unions
  • $3.50 per ATM use in other country
  • No charge for deposits
  • Free coin orders
  • Free deposit books

Strictly Business Mini

The Strictly Business Mini is a “pay as you go” account with a low monthly fee. It is ideal for small business members who only have a few transactions each month. A monthly statement is issued with imaged cheques included.

Interest Rates:

Tiered interest rate – see current rate sheet Interest is calculated on daily closing balance and paid monthly.

 

Fees:

  • $9.50 monthly fee
  • $0.75 per debit and credit
  • $1.50 per ATM use at other financial institutions excluding BC Credit Unions
  • $3.50 per ATM use in other country
  • Free coin orders
  • Free deposit books

Non-Profit Organization

This account requires two signatures and is designed for small non-profit organizations.It offers little to no service charges. A monthly statement is issued with imaged cheques included.

Interest:

Interest is calculated on daily closing balance and paid monthly. Refer to current rate sheet.

Fees:

  • No monthly fee, no per debit fee
  • Cheque Orders – see branch for current prices
  • Free Coin Orders
  • Free Deposit Books

US Dollar Strictly Business

As trade with the US grows, so does the need for receiving and making payments in US Dollars.

By using the US dollar Strictly Business account, you minimize the number of currency conversion charges.Please note that all fees are in American funds.A monthly statement is issued with imaged cheques included.

Interest:

Not applicable with this account.

Fees:

  • $17.50 monthly fee
  • 10 free debits, $0.75 thereafter (pre-authorized debits, cheques)
  • 4 free in-branch withdrawals,after that- $0.75 each

thereafter

  • No charge for deposits
  • Free coin orders
  • Free deposit books

Telephone/ Internet Banking and MemberCard not available on this account.Fees are charged in US dollars.

Coin Counting Machine

Businesses that handle significant amounts of coin will appreciate the new Coin Counting machine in the Fort St. John branch of the Credit Union, the only one in the city.This labour and time-saving device is also fun to watch; change is poured in the hopper in the console and it sorts and counts it. When it's finished, it gives you a receipt which you can take to the teller and deposit the credit in your account, or receive cash.

MemberLink/MemberDirect

Our Telephone and Internet Banking systems let you access your account whenever and from wherever you want.

Connect to MemberLink at:

Local Calls: 787-5464
Toll Free:1-877-232-LINK

Log onto Member Direct at:

https://www6.memberdirect.net/brand/bc_northpeace

  • Check your balances
  • Transfer funds between accounts
  • Review your deposits and withdrawls
  • Receive details about your loan
  • Pay bills or retrieve payment information
  • View your account statement online

MemberLink and MemberDirect monthly charge: FREE

Merchant Services

North Peace Savings and Credit Union offers convenient payment options. The business electronic merchant terminal is secure and simple to use.

Merchant Services

There are two options:

Point-of-Sale

POS refers to an electronic terminal.

Interactive Voice Response (IVR) Processing

IVR refers to the system that allows manual merchants to authorize and deposit credit card transactions through a touch-tone telephone.

INTERAC Direct Payment

  • POS machine $40.00/month(Credit Union)
  • One Consolidated Merchant Activity Statement
  • Lower operating costs than when handling cash and cheques
  • Fewer losses from NSF cheques
  • Better cash flow
  • Increased sales

Mastercard / Visa

Partnering with Unified Network Payment Solutions (UNPS) you have one deposit account for both Mastercard and Visa.

Point of Sale

A representative will instruct you on how to install your Point of Sale System and show you how to use it. Your kit includes: OMNI terminal, Printer, and Pin pad, Operator Manual, Mastercard decals and Interac decals.

Night Deposit

A secure one-way access deposit bin is located on the outer wall to drop off deposits for processing without having to enter the branch, 24 hours a day.

  • Deposits are credited to your account the next business day
  • Disposable deposit bags are available for a nominal fee

When you can’t get to us during business hours, you can have deposit access 24 hours a day/7 days a week.


Financial Planning, mutual funds and other securities are offered through Qtrade Advisor, a division of Qtrade Securities Inc., member IIROC and CIP. Mutual funds are also offered through Qtrade Asset Management Inc., member MFDA.

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