Tru Cooperative Bank | Formerly First West Credit Union
One of British Columbia's largest credit unions, operating as Tru Cooperative.
Overview
First West Credit Union, now operating as Tru Cooperative, is one of British Columbia's largest credit unions, delivering banking through its Envision Financial, Island Savings, Valley First and Enderby & District Financial divisions.
No-Fee Chequing Accounts
Free*
- Monthly usage cap
Specific thresholds vary by credit union. Visit Tru Cooperative Bank | Formerly First West Credit Union's website for current requirements.
Current Rates
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 3.01% |
| 3-Year GIC | 3.31% |
| 5-Year GIC | 3.41% |
Pros
- • Deposit insurance up to $100,000 per category through CDIC
- • No-fee chequing available under a monthly transaction cap
- • 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
Products & Accounts
Membership Eligibility
Must live or work in BC service areas
Tru Cooperative serves communities across BC through its divisions. Most BC residents qualify.
Deposit Protection
CDIC
$100,000 per category
As a federal credit union, Tru Cooperative is insured by CDIC (Canada Deposit Insurance Corporation) at $100,000 per eligible category.
Digital & Access
- Mobile App
- Online Banking
- Interac e-Transfer
- ATM NetworkTHE EXCHANGE Network
- Digital Ratinggood
Rate and eligibility data is gathered from official credit union websites and verified comparison sources. Last researched Mar 23, 2026. Always verify rates directly on the official website before making financial decisions.
Official WebsiteRelated reading
