On February 1, 2021, Laurentian Bank of Canada stopped offering FADOQ Privilege program products.

However, if you currently hold one or more of these products, their features remain unchanged1, and you can continue to enjoy the many benefits they provide you on a daily basis.

1. With the exception of the following FADOQ benefits: the free renewal of your Réseau FADOQ membership and the $5 discount on the FADOQ membership fee, which apply to the FADOQ GOLD Privilege Visa* card and will cease as of March 2021 with your next billing period.
 
 

AN OPERATIONS ACCOUNT WITH HIGH-INTEREST PLAN

Two plans are available for FADOQ members:

  FADOQ PLAN FADOQ EXTRA PLAN
Eligibility FADOQ member FADOQ GOLD Privilege Visa cardholder
Interest rate1 0.15% 0.30%
Annual fee2 None None
Account maintenance2 Paper bank statement: $3.00 per month5
Electronic bank statement via epostTM: free
Paper bank statement: $3.00 per month5
Electronic bank statement via epostTM: free
Included banking transactions via LBCDirect or ABM3, 4 10 transactions per month, among the following:
  • Personal cheque transactions
  • Withdrawals, transfers and bill payments at Laurentian Bank automated banking machines
  • Transfers and bill payments via LBCDirect
  • Purchase transactions via Interac® Direct Payment
  • Automatic debits
Unlimited, including:
  • Personal cheque transactions
  • Withdrawals, transfers and bill payments at Laurentian Bank automated banking machines
  • Transfers and bill payments via LBCDirect
  • Purchase transactions via Interac® Direct Payment
  • Automatic debits
For further information about this service and banking fees, please refer to the “My Money” guide.

The banking account with FADOQ plan has been designed especially for FADOQ members and their specific needs.

It offers both profitability and simplicity:

  • An Operations Account that makes your money grow
  • The flexibility of a chequing account
  • Free banking plan with no minimum balance
  • Full access to your funds any time