Bow Valley Credit Union Ltd.
This Page's Content Was Last Updated: July 21, 2026
Credit Union
Bow Valley
Bow Valley Credit Union Ltd. is a credit union located in Alberta. It was founded in 1975 through the merger of Banff Park Savings & Credit Union and Canmore Credit Union. It primarily serves Bow Valley Corridor and Calgary region.
Banff Savings & Credit Union was founded in 1953 in Banff, Alberta. Its early history included founding partners Harry and Felicia Pedhirney and Harry and Bella Hiscock, with Felicia Pedhirney serving in management and board roles for many years.
In 1975, the institution amalgamated with Canmore Credit Union and adopted the Bow Valley Credit Union name. It later expanded into additional Alberta communities, including Cochrane, Calgary, and Airdrie. Headquartered in Cochrane, Bow Valley serves members with personal and business banking, lending, mortgages, investments, and financial advice.
Bow Valley has also pursued financial service innovation. In 2025, it launched a Bitcoin Gateway in partnership with fintech providers, positioning the credit union as an adopter of digital asset services within the cooperative banking sector.
Provinces served
Chequing and Savings Accounts
The account-related data on this page was last updated on July 20, 2026.
Chequing Accounts
Chequing Account
1. Account: BVCU Basics
- Standard Fee
- $3.00/mo
- Free Transactions
- 20
- Max e-Transfer / Day
- $3,000
- Insurance Limit
- Unlimited
Account details
- This account allows 20 free transactions.
- Maximum Interac e-Transfer per day: $3,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Alberta).
Chequing Account
2. Account: BVCU Edge
- Standard Fee
- $6.00/mo
- Free Transactions
- 40
- Max e-Transfer / Day
- $3,000
- Insurance Limit
- Unlimited
Account details
- The monthly account fee is waived if you maintain a minimum balance of $4,500 in your account.
- This account allows 40 free transactions.
- Maximum Interac e-Transfer per day: $3,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Alberta).
Chequing Account
3. Account: BVCU Premier
- Standard Fee
- $10.00/mo
- Free Transactions
- Unlimited
- Max e-Transfer / Day
- $3,000
- Insurance Limit
- Unlimited
Account details
- The monthly account fee is waived if you maintain a minimum balance of $6,000 in your account.
- The account fee may be waived for students and youth.
- This account allows Unlimited free transactions.
- Maximum Interac e-Transfer per day: $3,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Alberta).
Savings Accounts
Savings Account
Account: Personal Savings
- Standard Fee
- Free
- Free Transactions
- 2
- Max e-Transfer / Day
- $3,000
- Insurance Limit
- Unlimited
Account details
- This account allows 2 free transactions.
- Maximum Interac e-Transfer per day: $3,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
- No source is available for the account’s interest rate.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Alberta).
Credit Union Overview
| Metric | 2025 | YoY Change | 5-Year Change |
|---|---|---|---|
| Assets | $663M | +9.4% | +50.3% |
| Loans | $514M | +17.9% | +38.2% |
| Deposits | $614M | +9.8% | +51.2% |
| Mortgages + HELOCs | $351M | +11.1% | +27.6% |
| Revenue | $14M | -6.7% | +40.0% |
| Efficiency Ratio | 97.9% | — | — |
| Members | ~10,000 | — | — |
| Branches | 6 | — | — |
| Target Members / Region | Bow Valley Corridor and Calgary region | — | — |
Bow Valley Credit Union Ltd. Deposits, Loans and Revenue in the Past 5 Years
For deeper insights into all Canadian lenders, subscribe to our comprehensive Lenders Report, with plans starting at just $100 per month.
Contact
If you're from Bow Valley Credit Union Ltd. and would like to add or update information on this page, please fill out the form.
Disclaimer:
- Any analysis or commentary reflects the opinions of WOWA.ca analysts and should not be considered financial advice. Please consult a licensed professional before making any decisions.
- The calculators and content on this page are for general information only. WOWA® does not guarantee the accuracy and is not responsible for any consequences of using the calculator.
- Financial institutions and brokerages may compensate us for connecting customers to them through payments for advertisements, clicks, and leads.
- Interest rates are sourced from financial institutions' websites or provided to us directly. Real estate data is sourced from the Canadian Real Estate Association (CREA) and regional boards' websites and documents.