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  • Personal banking fees
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PERSONAL ACCOUNT & SERVICE FEES


All fees listed below apply to our personal chequing or savings accounts and are listed in Canadian currency unless otherwise indicated. Business/Commercial account and service fees can be found here.

Select the category below to view specific fees, or continue to view all fees.
ACCOUNT FEES
BANKING SERVICE FEES
LOAN & LINE OF CREDIT FEES
MORTGAGE FEES
REGISTERED PLAN FEES
OTHER FEES


Monthly Account Fees


We don't think you should pay a fee just to keep your money with us—you deserve better. That's why we offer our personal accounts with $0 monthly account fees. 

What's included in the $0 monthly fee?

Select the account below to see the number and the type of transactions it includes every month.

$0 Monthly Fee

First 12 debit transactions FREE

Debit transactions involve money leaving your account, and they can include point-of-sale purchases with your debit card, outgoing Interac e-Transfer®, Interac e-Transfer® fulfil requests, in-branch withdrawals, ATM withdrawals†, bill payments, cheque clearing, preauthorized debits (PADI) and more. Valley First and Enderby & District Financial credit card and CUMIS pre-authorized debits or bill payments are free using online banking services and mobile apps.

Transactions 13 through 18 will incur a $1.50* fee per debit transaction up to a $9.00 maximum transaction fee per month.

  • We will provide no-fee banking with unlimited transactions for members who are under 19 years old. Starting January 1 of the year the primary account holder turns 20 years old, the standard account features and fees will apply as defined above.​

A fee may also apply for any additional banking services you use.

Unlimited credit/deposit transactions.

FREE monthly electronic or mailed (if selected) statements.

FREE electronic transfers between your Valley First or Enderby & District Financial accounts using online banking or the mobile app.
$0 Monthly Fee

FREE monthly eStatement available in online banking
Included Transactions
Any transactions beyond those included in our monthly package will incur a fee.

1 FREE transaction per month including:

  • in-branch withdrawals
  • in-branch transfers
  • Interac® direct payments
  • pre-authorized payments
  • THE EXCHANGE® & ACCULINK® ATM withdrawals

A fee may also apply for any additional banking services you use.

FREE electronic transfers between your Valley First and Enderby & District Financial accounts using online banking or the mobile app.
$0 Monthly Fee

FREE monthly eStatement available in online banking
Included Transactions
Any transactions beyond those included in our monthly package will incur a fee.

2 FREE transactions per month including:

  • in-branch withdrawals
  • in-branch transfers
  • Interac® direct payments
  • pre-authorized payments
  • THE EXCHANGE® & ACCULINK® ATM withdrawals

A fee may also apply for any additional banking services you use.

FREE electronic transfers between your Valley First and Enderby & District Financial accounts using online banking or the mobile app.
$0 Monthly Fee

FREE monthly eStatement available in online banking
Included Transactions
Any transactions beyond those included in our monthly package will incur a fee.

2 FREE transactions per month including:

  • cheque clearing
  • in-branch withdrawals
  • in-branch transfers out to another Valley First or Enderby & District Financial account
  • pre-authorized payments

A fee may also apply for any additional banking services you use.


Bill payments, ATM transactions and Interac® direct payments are not available with this account.
$0 Monthly Fee

FREE monthly eStatement available in online banking
Included Transactions

Electronic transfers between your Valley First or Enderby & District Financial accounts using online banking or the mobile app are free & unlimited. No other transactions are included in the monthly package.

A fee may also apply for any additional banking services you use.

Transactions beyond the monthly package limit will incur a fee and are disclosed here:

Transaction Fee (in CAD unless otherwise indicated)
(Fees will be charged in $USD on US Dollar chequing accounts)
ATM withdrawal
(via THE EXCHANGE® and ACCULINK® networks)**		 Tru Essentials Chequing: $1.50
US Dollar Chequing: $1.25 USD
Savings: $1.25
High Interest Savings: $5
ATM deposit
(via THE EXCHANGE® and ACCULINK® networks)		 Free
Cheque clearing Tru Essentials Chequing: $1.50
US Dollar Chequing: $1.25 USD
Savings: $1.25
High Interest Savings: $5
In-branch withdrawal Tru Essentials Chequing: $1.50
US Dollar Chequing: $1.25 USD
Savings: $1.25
High Interest Savings: $5
In-branch transfer out Tru Essentials Chequing: $1.50
US Dollar Chequing: $1.25 USD
Savings: $1.25
High Interest Savings: $5
In-branch utility bill payment / manual bill payment Tru Essentials Chequing: $1.50
US Dollar Chequing: $2 USD
Savings: $2
High Interest Savings: $5
In-branch deposit Free
Electronic transfer between Valley First or Enderby & District Financial accounts using online banking or the mobile app Free
Electronic utility bill Tru Essentials Chequing: $1.50
Chequing: Free
Savings: $1.25
High Interest Savings: $5
Valley First and Enderby & District Financial credit card and CUMIS bill payments are free using online banking services and mobile apps
Cheque deposit via mobile app Free
Interac e-Transfer® incoming (CAD currency only) Free
Interac e-Transfer® Autodeposit (CAD currency only) Free
Interac e-Transfer® outgoing (CAD currency only) Tru Essentials Chequing: $1.50
Savings: $1
High Interest Savings: $5
Interac e-Transfer® Request Money Tru Essentials Chequing: $1.50
Savings: $1
High Interest Savings: $5
Point of sale purchase Tru Essentials Chequing: $1.50
Savings: $1.25
High Interest Savings: $5
Point of sale return Free
Pre-authorized debit (payment) Tru Essentials Chequing: $1.50
US Dollar Chequing: $1.25 USD
Savings: $1.25
High Interest Savings: $5
Pre-authorized credit Free


**Does not include Interac® ATM withdrawals or International (including US) Cirrus® network ATM withdrawals

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Other Banking Services Fees

Item Fee (CAD unless otherwise indicated)
ATM withdrawal
(via THE EXCHANGE® and ACCULINK® networks)		 Tru Essentials Chequing: $1.50
US Dollar Chequing: $1.25 USD
Savings: $1.25
High Interest Savings: $5
ATM withdrawal
(via Interac®)		 All Chequing: $2.50
Savings: $2.50
High Interest Savings: $6
ATM withdrawal
(via International (including US) Cirrus® ATM networks)**		 All Chequing: $5
Savings: $5
High Interest Savings: $7
ATM deposit
(via THE EXCHANGE® and ACCULINK® networks)		 Free
Personalized ATM card $5 plus tax
Bank confirmation Standard: $30 plus tax
Comprehensive: $50/hour plus tax ($50 minimum)
Chargeback $8 per item
Cheques printed in branch $2 plus tax per sheet (excluding new account opening at $0.50/cheque plus tax)
Ordering cheques Cost varies
The price of personalized cheques is set by an authorized third party and ranges in price, depending on several factors, such as the colour, style, customizations and other add-ons selected by you. Contact us at 1-888-597-8083 for a quote.
Cheque retrieval/record search $3 per item
Comprehensive search (not available in branch): $50/hour plus tax ($25 minimum)
Cheque received for collection $30
Cheque held for collection $20
Coverdraft $5
Dormant Accounts (If account deemed inactive prior to October 19, 2023)
Charged after 2 years of inactivity: $2.50/month
(If account deemed inactive after October 19, 2023)
Charged after 5 years of inactivity: $2.50/month
One-time admin fee charged after 5 years of inactivity: $42.50
Foreign currency/cheque ATM Deposit Foreign currency/cheque deposited to CAD account via ATM: $5
Hold post-dated item (per item left on deposit) $3
Night deposit services 100 disposable bags: $30 plus tax (any size)
lost key replacement: $15 plus tax
Overdraft Overdraft protection under $5,000: $3/month
Unauthorized overdraft: $5/item
Returned Items Per item returned due to non-sufficient funds (NSF): $48 (the NSF fee is charged in addition to the automatic unauthorized overdraft fee—see 'Overdraft' above)
For post or stale date, body, figure, signature missing: Free
Statements Mailed statement: $2/statement, free for Tru Essentials Account holders
Cheque images with e-statement PDF: $2/statement
In-branch transaction printout: $5 per month requested
Statement re-print: $50 (per statement range)
Stop payments (in branch, via phone or online banking) $13 (all or partial details provided)
Telephone transfers (internal transfer between accounts) $5
Third party demands Per official cheque issued: $20
Administration fee when satisfied: plus $50
Account transfer to another financial institution or credit union $25 (in addition to early account closure fee if applicable)
Unqualified item (unencoded; where manual posting is required) $10/item (includes cheques drawn in U.S. funds on CAD account)


**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.

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Personal Loan & Line of Credit Fees

Item Fee (in CAD unless otherwise indicated)
Application: all loans and LOC's except RRSP loans and overdraft protection $75
Failed auto fee
(applicable to loan and mortgage payments only)		 $5
Letters of credit 1% per year (*$100 minimum for issuance and renewals)
Payment alteration $25
Transfer LOC to another account $75
Loan renewal Free
Substitution of security $100

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Mortgage Fees

Item Fee (in CAD unless otherwise indicated)
Application fee $75
Amortization schedule Free
Assumption $500
Blend & extend $500
Cancellation of application Free
Construction mortgages Owner Occupied - Construction Fee: 1%
Per draw: $100
For speculative and purpose built rental: 1%
Land only purchase or refinance 0.50%
Mortgage discharge $75
Failed auto fee
(applicable to loan and mortgage payments only)		 $5
LOC temporary Increase $50
Interim/bridge financing 1% fee on actual interim financing piece
Mobile home $75 (discharge or application)
Payment alteration $25
Mortgage renewal $75
Title search $25

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Registered Plan Fees

Item Fee (in CAD unless otherwise indicated)
Set up Free
Activity Partial transfer out: $100
Homebuyers withdrawal: Free
Lifelong Learning Plan withdrawal: Free
RRSP/RRIF cash withdrawal: Free
Archived account info recovery: $30/hour plus tax
RESP BCTESG transfer out: $25
Duplicate receipt - T4 RRSP/RRIF: Free
RESP/RDSP: $5
Closeout of Account Full transfer out/close: $100
Account closed within 6 months of opening: $50

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Miscellaneous Fees

Item Fee (in CAD unless otherwise indicated)
Bank drafts (members only) U.S.: $10 USD
Foreign: $10
Stop Payment (U.S. and Foreign): $25
Office cheques (members only) $10
Cash, coin & foreign funds cheques USD currency exchange: Free (members only)
Exchange coin: Free
Special cash order: $10 plus tax (members only)
GBP & Euro cheques: $30 
Ordering foreign currency via FX Notes Plus service
(available in-branch only)		 Cost varies
The price of foreign notes is set by an authorized third party and ranges in price, depending on several factors, such as the amount ordered and delivery times you select. Visit us in branch for a quote.
Estate Administer and settle estate account: $100 plus tax
Letters Immigration, Reference, Access, etc.: $30 plus tax
Interest advice: $30 plus tax (mortgages, etc.)
Non-member charges Coin machine usage: 10%
Cashing cheque: $5
Photocopies $0.50/item plus tax
Utility bill trace service $15
$25 for items more than one year after the payment date
Interac e-Transfer® trace service $10
Safety deposit box rental
(Note that GST will be added to these prices)

($10 discount for members 60 years and older)

2" x 5": $90
2.5" x 5": $100
3" x 5": $110
3.25" x 5": $105
3.75" x 5": $105
4" x 5": $105
5" x 5": $140.25
2.5" x 10": $127.50
3" x 10": $142.50
5" x 10": $225
10" x 10": $225
Safety deposit box key replacement $20 plus tax
Safety deposit box drill $200 plus tax (additional expenses may apply for remote locations)
Wires in CAD Incoming wire transfer: $15
Outgoing wire transfer: $30
Wires in USD Incoming wire transfer: $15 USD
Outgoing wire transfer: $30 USD
Wire transfer trace service
(missing originator info for incoming wire transfer, trace requests outgoing, recall of outgoing and amendments to outgoing)		 $30

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*Product terms, features and fees are subject to change, and we will provide appropriate notice as applicable and as may be required.

 

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First West Credit Union trade names

We acknowledge that we have the privilege of doing business on the traditional and unceded territory of First Nations communities.