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Registered account closure fee

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The Canada Revenue Agency expects Servus to stay on top of inactive registered accounts and close them as necessary. As such, Servus will be introducing a $50 fee on inactive registered accounts effective May 1, 2019. Inactive registered accounts are those RRSP, Group RRSP and TFSA accounts with a balance of $50 or less, with no activity for one year or more.

For more information about your specific registered accounts, call us at 1.877.378.8728 or visit your branch.

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