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Our account and service fees are changing


Effective June 1, 2024, some of our business account fees and safety deposit box fees are changing. We encourage you to meet with an advisor to ensure you have the right blend of products and services for your personal and business needs.

See how these changes impact you.

Select the statement that reflects the account(s) or services you use.

Please note that the pricing for safety deposit box sizes not listed below remains unchanged.

Safety deposit box sizes Current annual fee*

New annual fee as of June 1, 2024*

1.5" x 4.5" $60.00

$66.00

1.5" x 5" $60.00

$66.00

2.5" x 5" $90.00

$100.00

3" x 5" $105.00

$110.00

5" x 5" $127.50

$140.25

*GST will be added to these prices.

When will I be charged the new safety deposit box fees?

Safety deposit box fees are charged once per year. Increases in the annual fee will be reflected in your next yearly payment after June 1, 2024.

Current monthly fee

New monthly fee as of June 1, 2024

$6

$7

 

There is no change to what is included in the BizSimple® Low Fee Chequing account. The following transactions will continue to be included:

  • unlimited electronic bill payments
  • unlimited electronic transfers between your Valley First accounts
Current monthly fee

New monthly fee as of June 1, 2024

$36

$39

 

There is no change to what is included in the Unlimited Chequing for Business® account. The following transactions will continue to be included:

  • unlimited cheque clearing
  • unlimited electronic & in-branch bill payments
  • unlimited branch withdrawals
  • unlimited pre-authorized payments
  • unlimited Interac® direct payments
  • unlimited electronic transfers between your Valley First accounts
  • unlimited THE EXCHANGE® & ACCULINK® ATM withdrawals


Have questions?

Not sure if this change impacts you or if you're using the right banking services for your personal or business financial needs? We can help. Call us at 1-888-597-8083, our advisors are here to help to help recommend appropriate solutions.