Standing Orders

Members of Eastern Credit Union have access to External and Internal Standing Orders (also known as pre-authorized transactions).

External Standing Order

An External Standing Order is a financial arrangement to process an automatic pre-authorized transaction that allows you, the Member, to transfer funds from any Eastern Credit Union savings account to another institution. There is a small Service Charge of $5.00 for External Standing Orders.

pdf External Standing Order Form (105 KB)

 

Internal Standing Order

An Internal Standing Order enables a Member to process an automatic transaction from one internal savings account to another internal account, e.g. from a deposit to a Loan account. There is no charge for Internal Standing Orders.

The use of Standing Orders offers Members a safe, efficient and convenient means of making regular payments and can be easily set up or canceled.

pdf Internal Standing Order Form (171 KB)

WHO ARE WE?

We are owners of our money

WHO ARE YOU IN EASTERN?

You are an owner of a Financial Cooperative

WHERE ARE WE?

You own 9 Branches and 16 ATMs

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