News & Events

Whats new?

March 11

Now investors have a new way to save for their financial goals


Until recently, investors could work with an advisor or they could self-manage their own investments. Now there’s another option: digital advice (or robo-advice). In partnership with Aviso Wealth, 1st Choice is offering VirtualWealth to its members.

VirtualWealth is a simple, easy-to-use online investing service that matches investors with a tailored portfolio based on their goals, timeline and tolerance for risk. Each portfolio holds a professionally managed, well-diversified mix of low-cost funds, which is automatically rebalanced to the investor’s target asset allocation.

With VirtualWealth, investors can also choose Responsible Investing portfolios which incorporate analysis of companies’ environmental, social and governance (ESG) performance into the investment decision-making process.

“We’re proud to offer this innovative service to our members, because it provides them with more choices and more flexibility when it comes to investing, said Jason Sentes, CEO. “Investors who value a face-to-face relationship can have expert advice from a qualified advisor. And those whose needs are met by a simple and convenient online portfolio service can choose VirtualWealth.”

“We’re excited about introducing a high-quality digital advice service to our partners,” said Catherine Wood, Senior VP, Head Online & Digital Wealth and Chief Marketing & Innovation Officer with Aviso Wealth, the parent company of VirtualWealth. “It extends our partners’ suite of competitive wealth management solutions and enhances their ability to meet the advice preferences of all their members. VirtualWealth delivers the ease-of-use and personalized approach that investors now expect from digital services.”

Getting started with VirtualWealth is quick and easy. Investors answer a set of risk- and goal-based questions, and the service suggests a portfolio designed to deliver the right balance between growth potential and capital protection. The entirely digital (paperless) onboarding is easy and convenient.


About VirtualWealth

VirtualWealth is part of Aviso Wealth, a national, integrated financial services company owned by credit union Centrals, The Co-operators/CUMIS and Desjardins. VirtualWealth capitalizes on the same technology capabilities as Qtrade Investor, one of Canada’s top-ranked online brokers. Aviso Wealth’s MFDA- and IIROC-regulated dealers, and its insurance dealer, support thousands of financial advisors at over 200 credit unions across Canada. Aviso also provides a full range of investment solutions, focusing on Responsible Investments, to Canadians from coast to coast. More information about VirtualWealth is available at virtualwealth.ca. More information about Aviso Wealth is available at aviso.ca. ®VirtualWealth is a trade name of Credential Qtrade Securities Inc., Member of the Canadian Investor Protection Fund.

March 1
Interac e-Transfer Error Resolved
Interac e-Transfer Error Resolved

On February 28th, we were having technical issues with our Interac e-Transfer service. These issues have since been resolved and the service is back and running.
Feb 19

GPC Service Notice

1st Choice Savings and Credit Union LTD. will no longer offer the GLOBAL PAYMENT™ Mastercard® (GPC).  This will not affect your credit union account, but on May 22nd, 2019, your GPC Card will become inactive.  Click here for more info.

Jan 8
1st Choice Savings will appear in Intuit’s list of Financial Institutions as of Jan. 8th! Following this change, you will be able to choose 1st Choice Savings in Quicken and Quickbooks. 
Click here for important info regarding this update!
 

Find Branch/ATM

Enter address, postal code or branch name