Island Savings

Community Value Account

This account is for you if:

  • you're a non-profit organization that does good things in your community.
  • you want to bank somewhere that shares your passion for giving back ... like we do.

Free no monthly
account fee

Free business
deposits

Overview

We’re committed to helping non-profit groups put their resources where they’re needed most: in the communities they serve. With this in mind, our Community Value Account is free for qualifying charitable organizations.

Account Details

20 free debit transactions per month, plus:

  • FREE deposits
  • FREE monthly eStatement and cheque images
  • Access to night depository
  • Rest easy knowing that your deposits are 100% guaranteed†

Plus, you can access and manage your business accounts 24/7 with our Business Online Banking services—use Business Online Banking (BOB) if you need a robust online banking service or use Entrepreneurial Business Online Banking (EBOB) for your day-to-day banking transactions.

 

® Trade-Mark of Interac Inc. Used under licence

†The Credit Union Deposit Insurance Corporation of British Columbia, a statutory corporation, fully guarantees all BC credit union deposits. Credit Union equity shares and investments such as mutual funds or RSP equity plans are not covered by deposit insurance.

Fees

Monthly Fee
Free
Interest
Tiered interest rate paid to this account
Additional
Transaction
Fees
In-branch withdrawal $1.00
The EXCHANGE® ATM withdrawal $0.65
In-branch bill payment $2.00
Interac® direct payment $0.65
Pre-authorized payment $0.65
Cheque clearing $1.00
Send Interac e-Transfer® $1.50
Send Me-to-Me transfer $0.65
Electronic transfer $0.65
Interac® ATM withdrawal $1.85*
International ATM withdrawal $4.35*
US Cirrus® ATM withdrawal $3.35*

 

*Fee charged at time of transaction. If transaction goes over monthly limit an additional $0.65 fee will be charged at month end.

Ready to apply? Opening a business account with us is easy!

Online

Contact us if you'd like to apply for a community value account —our approval process is quick and simple.

In Person

If you're more comfortable coming in to see us, we'd be happy to open your business account in person.

By Phone

If you’d like to call us, here is a complete list of our branch numbers.