Strengthening the heart of the nation’s economy

Nearly 98% of all business in Canada is small business. In British Columbia small business creates 34% of the province’s total gross domestic product and employs nearly 1.1 million people. Whether starting, growing or transitioning a business, we stand shoulder to shoulder with business owners to help them achieve their goals.

27,300+

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.

6,900+

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.

$390 million

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.

For nine years running, First West has been one of British Columbia’s most profitable companies

In 2019 we provided well-paying, stable jobs that triggered spin-off economic activity and job creation in the many communities we serve.

2,220 jobs

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.

$481 million

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.