Valley First

Free Chequing - Simply Free Account™

This banking account is for you if:

  • you want a free chequing account with no strings attached.
  • you want a $200 bonus just for joining a credit union*
  • you want to send Interac e-Transfers® for free.
  • you have better plans for your money than paying fees.

Freeno monthly account fee

FreeInterac e-Transfers®


Free Bank Account Details

FREE unlimited transactions per month, including:

  • FREE Interac e-Transfers® within Canada
  • FREE unlimited cheque clearing
  • FREE unlimited debit card transactions
  • FREE preauthorized payments and deposits
  • FREE withdrawals
  • FREE bill payments
  • FREE unlimited access to online banking and mobile banking
  • FREE access to over 3,300 ATMs across Canada on THE EXCHANGE®
  • No minimum balance requirement

Additional Features & Benefits

  • FREE online banking account statement plus eStatement
  • FREE online cheque viewing
  • FREE starter cheques
  • Plus, you can rest easy knowing that your deposits are 100% guaranteed†


® 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.


Monthly Fee
No interest paid for this account
Interac® ATM withdrawal $2.00
International ATM withdrawal $3.00


Here is an easy access document that includes everything you need to know about the terms and conditions for this account. Read more (PDF).

*$200 bonus is only available to individuals who are not already a member of a BC credit union and who open an account with a recurring, pre-authorized payment or deposit. For full terms and conditions of the $200 bonus offer, visit

Already a member? We're glad to hear it! You can receive bonuses too! Receive a $25 credit for each friend you refer who opens an account with a BC credit union. Refer Now!


Ready to apply? Opening a Simply Free Account™ with us is easy!


Open a new account online, or if you're already a member, contact your branch to add an account to your existing membership with us.

In Person

If you’re more comfortable coming in to see us, we’d be happy to open a new account for you or make changes to your existing account with us.

By Phone

If you’d like to call us, here is a complete list of our branch and insurance office numbers.