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Bow Valley Credit Union

Community banking for Bow Valley and Rocky Mountain communities.

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HQ: Banff, AB
403-762-3368

Overview

Bow Valley Credit Union is a member-owned Alberta credit union serving the Bow Valley and Rocky Mountain region, with locally based decision-making for personal and business banking.

Founded
1953
Members
10,000
Assets
$606 million
Branches
8

No-Fee Chequing Accounts

$0.00*
Verdict

Free*

To Qualify
  • Minimum balance required

Specific thresholds vary by credit union. Visit Bow Valley Credit Union's website for current requirements.

Current Rates

Verified (Official Source)· Last checked Jul 2, 2026 (12d ago)
High Interest Savings0.25%up to
1-Year GIC3.10%
3-Year GIC3.10%
5-Year Fixed Mortgage4.49%

GIC Rate Ladder

TermRate
1-Year GIC3.10%
3-Year GIC3.10%
5-Year GIC3.35%
See detailed rate history per product

Pros

  • • Unlimited deposit insurance through CUDGC, no per-account dollar cap
  • • No-fee chequing available with a minimum balance requirement
  • • Solid digital banking with mobile app, online banking, and Interac e-Transfer

Cons

  • • Fewer specialized financial products and international banking services than other institutions

Best For

Residents of AB looking for a local banking alternativeMembers wanting full-service banking with investment options

Products & Accounts

Chequing
Savings
GICs
RRSP
TFSA
RRIF
Mortgages
Personal Loans
Credit Cards
Business
Investments
Insurance

Membership Eligibility

StatusRestricted
Requirements:

Alberta residents

Open to residents of Alberta. Membership requires purchase of a membership share.

Membership Share (Fee)$5 share purchase

Deposit Protection

Insuring Body

CUDGC

Coverage Limit

Unlimited

Credit Union Deposit Guarantee Corporation (CUDGC) provides unlimited deposit protection on all deposits at Alberta credit unions.

Digital & Access

  • Mobile App
  • Online Banking
  • Interac e-Transfer
  • ATM NetworkTHE EXCHANGE Network (ding-free)
  • Digital Ratinggood
About This Data

Rate and eligibility data is gathered from official credit union websites and verified comparison sources. Always verify rates directly on the official website before making financial decisions.

Official Website