Our Story

It all began in the early fifties, it was a time of optimism and prosperity. The economy was moving out of the war years and there was a renewed enthusiasm for the future. People lived in close-knit communities and merchants knew their neighbours and customers, often anticipating the products and services their customers needed.

Today Island Savings is part of First West Credit Union, one of Canada’s strongest and most innovative cooperative financial institutions. We’re obsessed with one core purpose: to simplify lives, helping our members and communities thrive. 

As a credit union, our profits go back to you. That's how we're able to offer free personal chequing with no strings attached, with free Interac e-Transfer®, low-fee business accounts, better mortgage rates and higher rates on your deposits.   

That's also how we can provide the best advice that's in your interest. Whether you're starting a new business or buying a home or planning for your retirement, our experts take the time to learn what matters to you.   

We grow because you grow, not at your expense.   

Our roots are still the same. Our heart has always been for local businesses, local communities, neighbours helping neighbours succeed.