Skip to main content
map pin icon
Join Us


We use cookies to personalize your browsing experience, save your preferences and analyze our traffic to improve features. By using our website you agree to our Cookie Policy.

CLOSE

TRU ESSENTIALS CHEQUING ACCOUNT

Account details   |   Ways to bank   |   FAQ

Is this chequing account right for you?

Right for you if:

  • You make regular transactions, electronic bill payments and transfers
 It might not be right for you if:

  • You want to earn interest
  • You make purchases in US Dollars

Want to speak to an advisor on the phone or at a branch? Book an appointment today or call us at 1-888-597-1083.

No interest is paid on this account.
  • Tru Essentials chequing account includes 12 free debit transactions a month. Debit transactions 13 through 18 will be charged the below fees, up to a monthly maximum of $9.
  • It is free to move money between your First West Credit Union accounts using our online banking services and mobile apps.
  • Members  under 19 years old will enjoy free banking until January 1 of the year the primary account holder turns 20. After that, standard account features and fees will apply.
  • A fee may also apply for any additional banking services you use. View Personal Service Fees to see our full list of account & service fees.
View Account Terms and Conditions (PDF)
 
Transaction Fee
ATM withdrawal
(via THE EXCHANGE® and ACCULINK® networks)†		 $1.50
ATM deposit
(via THE EXCHANGE® and ACCULINK® networks)		 Included
Cheque clearing $1.50
In-branch withdrawal $1.50
In-branch transfer out $1.50
In-branch utility bill payment / manual bill payment $1.50
In-branch deposit Included
Electronic transfer between First West Credit Union accounts Included
Electronic utility bill $1.50
Island Savings credit card and CUMIS bill payments are free using online banking services and mobile apps
Cheque deposit via mobile app Included
Interac e-Transfer® incoming (CAD currency only) Included
Interac e-Transfer® Autodeposit (CAD currency only) Included
Interac e-Transfer® outgoing (CAD currency only) $1.50
Interac e-Transfer® Request Money $1.50
Point of sale purchase $1.50
Point of sale return Included
Me-to-Me transfer incoming Included
Me-to-Me transfer outgoing $1.50
Pre-authorized debit (payment) $1.50
Island Savings credit card and CUMIS bill payments are free using online banking services and mobile apps
Pre-authorized credit Included

†Does not include Interac® ATM withdrawals or International (including US) Cirrus® network ATM withdrawals. Withdrawals outside of THE EXCHANGE® and ACCULINK® networks will incur a fee - view those service fees here.

Convenience when you need it

short gold line
image of hand using a mobile phone

Pay your bills, check your balance, transfer money and more.

LEARN MORE
contactless payment icon

Pay with your debit or credit card, Apple Pay, Google Pay or Samsung Pay.

LEARN MORE
24/7 icon

A convenient and reliable way to access your money sooner.​

LEARN MORE
Piggy bank icon

Put your savings on auto pilot with BIGChange®, our rounding up tool.

LEARN MORE
cheque icon

Deposit a cheque on the go and save valuable time.

LEARN MORE
cheque icon

Stay informed on account activity with instant account alerts.

LEARN MORE
 

Automate the switch to Island Savings

Transfer all your pre-authorized payments and deposits from other financial institutions to your Island Savings account automatically with ClickSWITCH®.

LEARN HOW
Woman holding a coffee while looking out a window

Frequently Asked Questions
short gold line

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, outgoing Me-to-Me transfers, in-branch withdrawals, ATM withdrawals via THE EXCHANGE® & ACCULINK® networks, bill payments, cheque clearing, preauthorized debits (PADI) and more. Island Savings credit card and CUMIS pre-authorized debits or bill payments are free using online banking services and mobile apps.

We will continue providing no-fee banking with unlimited debit 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.

Yes. However, our maximum fee of $9.00 per month offers unlimited debit transactions including unlimited Interac e-Transfer® which other financial institutions may charge for, even in a free seniors account.

It is free to move money between your First West Credit Union accounts using our online banking services and mobile apps.

No. BIGChange® rounds up and deposits the difference into your specified eligible account whenever you make a purchase with your debit card. Making a purchase with your debit card will count towards your limit of 12 debit transactions per month, but BIGChange® deposits are currently free and will not count towards the transaction limit.

The Tru Essentials chequing account is an industry-leading everyday personal banking product that offers outstanding value. To see how this account compares with similar accounts at other financial institutions, use the Financial Consumer Agency of Canada Account Comparison Tool.

This type of functionality is not currently available. However, you can keep an eye on your accounts with account alerts: free and easy-to-set-up digital notifications are an effective way to stay on top of unusual transactions or account activity. Receive an email and/or text message whenever important activity happens on your account, such as when your personal access code changes, or your account balance falls below a certain threshold. Set up alerts in online banking or the mobile app now, see how to set up here.

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.

 

*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, outgoing Me-to-Me transfers, in-branch withdrawals, ATM withdrawals via THE EXCHANGE® & ACCULINK® networks, bill payments, cheque clearing, preauthorized debits (PADI) and more. Island Savings credit card and CUMIS pre-authorized debits or bill payments are free using online banking services and mobile apps.

**Members who are under 19 years old benefit from no-fee banking with unlimited debit transactions until January 1 of the year the primary account holder turns 20. After that, standard account features and fees will apply.

Product terms, features and fees are subject to change, and we will provide appropriate notice as applicable and as may be required. Debit transactions over what the monthly package allows and any additional banking services you use may incur a fee. View Personal Service Fees to see our account & service fees.

 

Meet with us

Speak to an advisor on the phone or at a branch.

BOOK APPOINTMENT
PERSONAL

Accounts

Credit Cards

Mortgages

Loans

Investing

 

BUSINESS

Accounts

Credit Cards

Loans

 

ABOUT US

Why Choose Us

Careers

Media

Community 

 

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.

© First West Credit Union. All rights reserved.