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Additional Services

The following services are offered in most accounts. Check with your Westoba Credit Union branch for availability and rates.

Stop payment

Stop payments allow members to block the cashing of a cheque. This applies to two kinds of cheque transactions:

  • If a member has purchased an item from a store, and upon arriving home discovers that the merchandise is defective, the member can put a stop payment on the cheque issued to ensure it will not be processed before he or she returns the merchandise.
  • If a cheque is issued to somebody and it is lost or stolen, you can put a stop payment on that cheque and issue another cheque in its place. The initial cheque upon which the stop payment has been placed will not be cashed by the credit union.

Certified cheques

Some companies require a guaranteed cheque that eliminates the possibility of NSF Cheques and stop payments. Westoba Credit Union will guarantee that there are funds available for the cheque issued. By stamping the cheque "Certified Funds" and taking the funds out of your account to hold for the cheque to clear, the cheque is then as good as cash. Which is safer than carrying a large amount of cash for payment.

Overdraft protection

Overdraft protection or Line Of Credit, is set up to allow you to have a chequing account which is allowed to have a negative balance up to a certain dollar amount with cheques not being returned N.S.F. A Line Of Credit, is of course "credit" and approval will need to be made through your loans officer.

Night deposits

Night deposits are generally for businesses to make secure deposits after business hours at Westoba Credit Union. Businesses are given deposit bags and drop the bags into the night deposit slot at the CU branch. The balance is deposited the following morning by CU staff.

Automatic Teller Machines (ATMs)

Our Credit Unions are equipped with Automatic Teller Machines (ATMs) to better service our members. An ATM is a computerized location where you can make deposits and withdraw cash (in $20.00 bills) from your Westoba Credit Union account. To access an ATM, simply use your Credit Union Member Card. You are allowed access to ATM's form other financial institutions but there are higher charges for non-Credit Union ATM use.

Interac

Interac allows you to make purchases without having to carry cash with you. Just look for the Interac symbol at your local store, and use your Credit Union Member Card to pay for your purchases. Charges may apply depending on your account plan.