FOR THE ECONOMY
Strengthening the heart of the nation’s economy
We partnered with businesses of all sizes that help our economy thrive. Business owners and entrepreneurs look to First West to provide banking and advice that will help them achieve their goals.
Thousands of our business members kept more money in their business with our Unlimited Chequing for Business® account, designed specifically for business owners and entrepreneurs.
The commercial funding we provided last year contributed to supporting the business growth and goals of commercial members.
“We love working with First West. They were instrumental in helping us get our business off the ground and have been supportive all the way.”
– Darren Postma, owner, Polar Electric and Iron Cycle Club, Abbotsford, B.C.
$250 million funded for mid-market businesses
Since inception in 2010, First West Capital has supported more than 100 mid-market businesses and entrepreneurs with a quarter billion dollars in disbursements. Our junior capital subsidiary specializes in mid-market businesses, helping them grow, acquire or transition.
HELPING B.C. THRIVE
For nine years running, First West has been one of British Columbia’s most profitable companies
First West’s operations and resulting spin-off commercial activity positively impacted local economies and the people who live, work and play in our communities.
First West’s operations produced $248 million in direct gross domestic product (GDP) impact in 2019. Factoring in economic multipliers, the credit union’s activities generated an additional $233 million in indirect GDP.
Business members dream big
First West’s commercial and business advisors are committed to helping business owners make their visions become reality. With our size, financial strength, local-market knowledge and boots-on-the-ground approach, we can help take their businesses to the next level.