ACCOUNT DETAILS

 

• $0 monthly account fee
• FREE monthly eStatement including cheque images
• 2 FREE transactions per month including:
  • In-branch withdrawal
  • In-branch transfer
  • In-branch & electronic bill payment
  • Interac® online payment
  • Interac® direct payment
  • Pre-authorized payment
  • THE EXHANGE®, ACCULINK® & Interac® ATM withdrawal
• Unlimited electronic transfers
• Rest easy knowing that your deposits are 100% guaranteed†
• Plus, you can access and manage your business accounts 24/7 with our Business Online Banking services.​

® Trade-Mark of Interac Inc. Used under licence

​†The Credit Union Deposit Insurance Corporation of British Columbia, a statutory corporation, fully guarantees all BC credit union deposits. Credit Union equity shares and investments such as mutual funds or RSP equity plans are not covered by deposit insurance.

From November 1, 2021, to November 21, 2021, the members of First West Credit Union voted on special resolutions that, among other things, authorize First West to apply to become a federal credit union under the Bank Act. If First West becomes a federal credit union, it will automatically become a member of the Canada Deposit Insurance Corporation (CDIC) and Credit Union Deposit Insurance Corporation of British Columbia deposit insurance will no longer apply. See attached Notice for further detail on what this change means to your deposits with First West.

 

FEES

Monthly Fee	FREE
Interest	Tiered interest rate*
Additional Transaction Fees	Electronic transfers  FREE Additional debit transaction  $1.25 Pre-authorized payment  $1.25 Interac® ATM withdrawal  $2.50 THE EXCHANGE® & ACCULINK® ATM withdrawal  $1.25 International ATM withdrawal**  $5.00
	View our service fee guide

® Trade-Mark of Interac Inc. Used under licence

*Interest rates are subject to change with out notice. Interest is expressed as an annual rate and calculated on the applicable portion of the closing daily balance in the account and paid at month end.

**In addition to the applicable service charges, you may be charged applicable fees (including commissions) by third parties and we may charge and earn commissions and revenue based on the difference between the applicable bid and ask rates for the currency and the rate at which the rate is offset in the market.

 

LOOKING FOR THE FINE PRINT?

 

Here is everything you need to know about the term and conditions for this account.

Business Member Application—Unincorporated Association (PDF) 
Business Member Application—Sole Ownership, Partnership, Corporation (PDF)
Business Member Application—Joint Venture (PDF)​ 
Business Trust Account Application (PDF)