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ACHIEVA SERVICE FEE CHANGES

Effective September 1, 2024

Service fee changes will be in effect on September 1, 2024

At Achieva, we are committed to maximizing your return and limiting our fees.  Which is why we have not increased any of our service fees in over five years.

However, since our last service fee change in 2018, operating and payments processing costs have risen significantly, therefore we will be making incremental changes to select service fees effective September 1, 2024.

Green for Green Program ending August 31, 2024

In October 2005, we launched our innovative Green for Green program, encouraging Achieva customers to receive their account documents online and receiving $1/month for doing so. No other financial services provider offered this type of incentive.

The goal was to allow customers to manage their banking documents electronically, while improving our operational efficiency and saving millions of pages of unnecessary paper.

The Green for Green program has proven a resounding success for Achieva, our customers and the environment!

85% of Achieva’s Online Banking customers now receive their account documents electronically.

  • This provides a secure and convenient access to their financial documents.
  • This also saves time and operational costs that would be required to print and mail over 10,000 statements every month.

Together, we are saving more than 600,000 sheets of paper every year by not printing and mailing these monthly statements, tax receipts, maturity notices and other documents.

  • This in itself saves an estimated 60 trees annually.

Having achieved these milestones, Achieva will be sunsetting the Green for Green program, with the last $1/month incentive being paid to customers on August 31, 2024.

Achieva will be reallocating the cost of the incentive program towards the ongoing development of the best possible digital banking experience for our customers. This strategic investment in digital banking will ensure we remain relevant to our customers now and far into the future.