About Valley First (Tru)
Valley First is a divisional brand of Tru Cooperative Bank with roots in Penticton & District Credit Union, founded in 1947, later consolidated with other Interior BC credit unions as Valley First Credit Union. It co-founded First West Credit Union in 2010 and serves BC's Southern Interior, including the Okanagan and Kamloops.
A division of Tru Cooperative Bank
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Access: Membership required · Open common bond
Eligible provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland & Labrador, Nova Scotia, Northwest Territories, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon
How to join: Open a membership at any Valley First branch or via trucooperativebank.ca.
Notes: Federally regulated as Tru Cooperative Bank brand division. Member base centred on Okanagan / Thompson valleys.; Federally regulated; brand division of Tru Cooperative Bank
Deposit protection: Canada Deposit Insurance Corporation
$100,000 per insured category per member institution
Current top rates
rates confirmed as of 2026-10-11| GIC ladder | Best rate |
|---|---|
| 1-year GIC | 3.36% |
| 2-year GIC | 3.66% |
| 3-year GIC | 3.76% |
| 4-year GIC | 3.81% |
| 5-year GIC | 3.86% |
Base ladder rates. Institution may have more term rates below.
Rate history builds here as we track this institution's rates over time.
Term deposit rates
— not stated on siterates confirmed as of 2026-10-11Filter rates
| Term | Registration | Redeemable | Compounding | Interest paid | Min–Max deposit | Rate |
|---|---|---|---|---|---|---|
| Short-term — under 1 year | ||||||
| 30 – 59 days | Non-reg | N | — | At maturity | $500+ | 0.45% |
| 60–179 days | Non-reg | N | — | At maturity | $500+ | 2.06% |
| 180 – 269 days | Non-reg | N | — | At maturity | $500+ | 3.01% |
| 270 – 364 days | Non-reg | N | — | At maturity | $500+ | 3.11% |
| Long-term — 1 year + | ||||||
| 1 year | Non-reg | N | — | Annually | $500+ | 3.36% |
| 1 year | Non-reg | cashable | — | At maturity | $500+ | 2.31% |
| 2 years | Non-reg | N | — | Annually | $500+ | 3.66% |
| 3 years | Non-reg | N | — | Annually | $500+ | 3.76% |
| 4 years | Non-reg | N | — | Annually | $500+ | 3.81% |
| 5 years | Non-reg | N | — | Annually | $500+ | 3.86% |
| PRIMECONNECTRedeemable · simple interest · paid annually · $500 minimum | ||||||
| 3 years | Non-reg | Y | — | Annually | $500+ | 3.20% |
| Step-Up ® 18Plus18Redeemable · paid at maturity | ||||||
| 3 years | Non-reg | Y | — | At maturity | — | 3.01% |
| Step-Up ® 6Plus6Redeemable · paid at maturity | ||||||
| 1 year | Non-reg | Y | — | At maturity | — | 2.91% |
| Step-Up ® 9Plus9Redeemable · paid at maturity | ||||||
| 18 months | Non-reg | Y | — | At maturity | — | 2.96% |
| U.S. dollar — all terms | ||||||
| 30 – 59 days | Non-reg | N | — | At maturity | $500+ | 0.05% |
| 60 – 89 days | Non-reg | N | — | At maturity | $500+ | 0.10% |
| 90 – 119 days | Non-reg | N | — | At maturity | $500+ | 0.15% |
| 120 – 179 days | Non-reg | N | — | At maturity | $500+ | 0.20% |
| 180 – 269 days | Non-reg | N | — | At maturity | $500+ | 0.25% |
| 270 – 364 days | Non-reg | N | — | At maturity | $500+ | 0.30% |
No rates match these filters.
Valley First (Tru) is a division of Tru Cooperative Bank, whose divisions post the same products at the same rates. These rates are collected from Envision Financial (Tru)'s rate pages and verified there on the confirmed-as-of date above.
Savings & chequing rates
rates confirmed as of 2026-10-11Filter rates
| Type | Product | Calculated | Paid | Min. balance | Rate |
|---|---|---|---|---|---|
| Savings | |||||
| Savings | Home Sweet Bonus | — | — | $0 | 0.30% |
| Savings | Registered Variable Savings Account (also eligible for RRSP and TFSA) | — | Semi-annually | $0 | 0.30% |
| Savings | Registered Variable Savings Account (also eligible for RRSP and TFSA) | — | Semi-annually | $5,000 | 0.30% |
| Savings | Registered Variable Savings Account (also eligible for RRSP and TFSA) | — | Semi-annually | $20,000 | 0.30% |
| Savings | Registered Variable Savings Account (also eligible for RRSP and TFSA) | — | Semi-annually | $50,000 | 0.30% |
| Savings | Savings First | — | — | $0 | 0.30% |
| Chequing | |||||
| Chequing | Tru Essentials Chequing Account | — | — | $0 | 0.00% |
| USD | US Dollar Chequing AccountUS$ | — | Monthly | $0 | 0.00% |
| USD | US Dollar Chequing AccountUS$ | — | Monthly | $5,000 | 0.01% |
| RRSP | |||||
| RRSP | High Interest Savings Account (also eligible for RRSP and TFSA) | — | Monthly | $0 | 0.64% |
| RRSP | High Interest Savings Account (also eligible for RRSP and TFSA) | — | Monthly | $5,000 | 0.64% |
| RRSP | Registered Variable Savings Account (also eligible for RRSP and TFSA) | — | Semi-annually | $0 | 0.30% |
| RRSP | Registered Variable Savings Account (also eligible for RRSP and TFSA) | — | Semi-annually | $5,000 | 0.30% |
| RRSP | Registered Variable Savings Account (also eligible for RRSP and TFSA) | — | Semi-annually | $20,000 | 0.30% |
| RRSP | Registered Variable Savings Account (also eligible for RRSP and TFSA) | — | Semi-annually | $50,000 | 0.30% |
| TFSA | |||||
| TFSA | High Interest Savings Account (also eligible for RRSP and TFSA) | — | Monthly | $0 | 0.64% |
| TFSA | High Interest Savings Account (also eligible for RRSP and TFSA) | — | Monthly | $5,000 | 0.64% |
| TFSA | Registered Variable Savings Account (also eligible for RRSP and TFSA) | — | Semi-annually | $0 | 0.30% |
| TFSA | Registered Variable Savings Account (also eligible for RRSP and TFSA) | — | Semi-annually | $5,000 | 0.30% |
| TFSA | Registered Variable Savings Account (also eligible for RRSP and TFSA) | — | Semi-annually | $20,000 | 0.30% |
| TFSA | Registered Variable Savings Account (also eligible for RRSP and TFSA) | — | Semi-annually | $50,000 | 0.30% |
No rates match these filters.
Valley First (Tru) is a division of Tru Cooperative Bank, whose divisions post the same products at the same rates. These rates are collected from Envision Financial (Tru)'s rate pages and verified there on the confirmed-as-of date above.
Mortgage rates
rates confirmed as of 2026-10-11Filter rates
| Term | Type | Open / closed | Insured | Posted rate |
|---|---|---|---|---|
| 6-month | Fixed | Open | No | 7.70% |
| 1-year | Fixed | Open | No | 7.70% |
| 6-month | Fixed | Closed | No | 6.64% |
| 1-year | Fixed | Closed | No | 4.74% |
| 2-year | Fixed | Closed | No | 4.69% |
| 3-year | Fixed | Closed | No | 4.64% |
| 4-year | Fixed | Closed | No | 4.69% |
| 5-year | Fixed | Closed | No | 4.74% |
| 7-year | Fixed | Closed | No | 7.39% |
| 10-year | Fixed | Closed | No | 7.64% |
| 5-year | Variable | Open | No | 4.85% |
| 5-year | Variable | Closed | No | 3.85% |
| 5-year | Fixed | Closed | Yes | 4.59% |
| 5-year | Variable | Closed | Yes | 3.70% |
No mortgage rates match these filters.
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