First Nations Bank fees
First Nations Bank of Canada prints chequing packages from C$3.95 a month, and C$10 when it returns a Canadian dollar payment the account could not cover. A U.S. dollar account is $5 US. The wider list is Canada NSF fees by bank.
Last updated: October 25, 2026
Last checked: Oct 2026
The monthly package
Opened 25 October 2026. The figures are from First Nations Bank of Canada's About Our Accounts and Related Services (PDF). The PDF says it is effective 12 March 2026. More pages are on Canadian bank fees and overdraft fee guides.
Value Account is C$3.95 a month and includes 12 transactions. ValuePlus is C$11.95 and includes 25. Infinity is C$16.95 with unlimited transactions. Select Service is C$29.95 with unlimited transactions and no extra transaction fees. The Elders Plan and the Student Account are free with unlimited transactions. Extra transactions on Value Account and ValuePlus are C$1.25 each.
The monthly fee is waived when the lowest balance in the month stays at the amount in the table: C$1,500 for Value Account, C$3,000 for ValuePlus, C$4,000 for Infinity, and C$5,000 for Select Service. The Elders Plan and the Student Account do not need a balance to stay free.
Monthly packages at other banks are on monthly chequing fees by bank.
A yearly total from numbers you type is on the bank fee calculator. It does not look up this institution.
| Account | Monthly fee | Balance that waives it |
|---|---|---|
| Value Account | C$3.95, 12 transactions | C$1,500 |
| ValuePlus | C$11.95, 25 transactions | C$3,000 |
| Infinity | C$16.95, unlimited transactions | C$4,000 |
| Select Service | C$29.95, unlimited, no extra transaction fees | C$5,000 |
| Elders Plan | Free, unlimited transactions | Not required |
| Student Account | Free, unlimited transactions | Not required |
A payment the account cannot cover
When the bank sends back a cheque, a bill payment, or an automatic payment because the account did not have enough money, the fee is C$10 on a Canadian dollar account. A U.S. dollar account is $5 US. The rules that cap this kind of fee at many Canadian banks are on NSF fees on a Canadian bank account.
If the bank pays the item instead, the fee guide prints C$5 plus interest of 21% a year on the amount it covered. Optional coverage that lets payments through up to an approved limit is C$4 in any month you use it, plus interest. A stop on a cheque or an automatic payment, when you give complete details, is C$20.
An ATM the bank does not own is C$2 in Canada, C$3 in the US or Mexico, and C$5 outside the US and Mexico. Sending an Interac e-Transfer is C$1.50. Receiving one is free. ValuePlus includes 2 free sends a month. Infinity and the Elders Plan include 5.
The line on your own statement is the one that counts. Upload it on the upload page. The PDF stays on your device. Expenvo lists the lines. It does not call the institution.
| Line | What the guide prints |
|---|---|
| Canadian dollar payment sent back | C$10 |
| U.S. dollar payment sent back | $5 US |
| Payment the bank pays anyway | C$5, plus 21% a year on the amount covered |
| Coverage in a month you use it | C$4, plus interest |
| Stop a payment | C$20 with complete details |
| ATM the bank does not own, in Canada | C$2 |
| Send an Interac e-Transfer | C$1.50 |
| Copy of a statement | C$5 |
Questions
- How much is a First Nations Bank of Canada monthly fee?
- The fee guide effective 12 March 2026 prints C$3.95 for Value Account, C$11.95 for ValuePlus, C$16.95 for Infinity, and C$29.95 for Select Service. Each of those is waived if the lowest balance in the month stays at C$1,500, C$3,000, C$4,000, or C$5,000. The Elders Plan and the Student Account are free.
- What does First Nations Bank charge when a payment is returned?
- The same guide prints C$10 when a Canadian dollar cheque, bill payment, or automatic payment is sent back because the account did not have enough money. A U.S. dollar account is $5 US.
- What if First Nations Bank pays the payment anyway?
- The guide prints C$5 plus interest of 21% a year on the amount it covered. Optional coverage is C$4 in any month you use it, plus interest.