Access your funds when you need them, while earning interest.
You want to grow your money so that you can reach your business goals faster.
You'd rather not see your hard work reduced by monthly fees.
You want to earn interest on every dollar.
Contact us to open your Business Optimum Savings account — our approval process is quick and simple.
® 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.
Monthly Fee |
FREE |
Interest |
Tiered interest rate* |
Additional |
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.
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)
Whether your business is just starting out or reaching new levels of success, Valley First has the right advice to help you reach your goals. Contact one of our business banking experts today.
Everything is easier with a little help.
We acknowledge that we have the privilege of doing business on the traditional and unceded territory of First Nations communities.