Laurentian Bank: Laurentian Bank of Canada, Laurentian Trust of Canada Inc., B2B Bank, LBC Trust, LBC Financial Services Inc., Laurentian Bank Securities Inc. and B2B Trustco are all part of Laurentian Bank.
LBC Financial Services Inc. ("LBCFS") is a subsidiary of Laurentian Bank of Canada ("Bank"). LBCFS is a corporate entity separate from Laurentian Bank, B2B Bank Financial Services Inc., B2B Trustco, and any other issuer.
Pricing effective April 1, 2023, except for the fee-based accounts, effective December 17, 2018. These fees are subject to applicable taxes. LBCFS may change the fees that apply to the different services at any time by posting notice in Laurentian Bank branches, at Laurentian Bank automated banking machines, on our website or on your statement. These changes will come into effect sixty (60) days after notice is first posted or, in the case of a statement, within sixty (60) days of the date on which the statement with new pricing is sent. You acknowledge that by using your account after the effective date of the changes, you consent to the changes made.
No withdrawal fees for RRIFs or LIFs.
This type of plan is offered exclusively to certain existing group RRSPs.
The interest rate on cash in accounts (all account types) may be changed.
Does not apply to fee-based accounts. Refer to the “Fee-based accounts” section.
Value of portfolio as at September 30.
This account type is offered exclusively to Private Banking clients who have more than $250,000 invested in mutual funds with LBC Financial Services Inc. and have agreed to sign up for the Private banking fee-based accounts. Accounts can be householded to calculate fees if at least $500,000 in eligible mutual funds are invested. For more information, refer to the Private Banking fee-based accounts.
The minimum fee percentage will be applied to an account upon conversion to the fee-based series. The percentage will then be adjusted to the percentage indicated on the LBCFS Account Application Addendum signed by the client. If no fee has yet been charged to the account, the fee start date will be April 1, 2023.
Account administration fees are paid out of the monthly billed fees. The fees are subject to a monthly minimum of $12.50 plus taxes, for each account.
The Annual service fee will not be charged to accounts that hold a pre-authorized debit plan for contributions to mutual funds of at least $600 per year.