Compare the top bank accounts for Laval's 450,000+ residents — no-fee digital banks to full-service local branches.
Laval is Quebec's third-largest city, bridging Montreal island and the North Shore. Banking options range from Desjardins caisses populaires throughout the city to digital-first banks with no fees and bilingual apps.
KOHO is the top-rated no-fee digital bank for Quebec residents including those in Laval. Fully bilingual in French and English, with up to 3% cash back on groceries and transport. No minimum balance, no hidden fees, and instant account opening.
EQ Bank consistently offers Canada's best savings rates with zero monthly fees. Ideal for Laval residents building a down payment fund or emergency savings. Free Interac e-Transfers included.
Desjardins is Quebec's own cooperative financial institution with local branches serving Laval. Full mortgage services, insurance, RRSPs, and community ownership make it the go-to for those wanting a local, Quebec-rooted banking relationship.
TD has established branches in Laval and nearby areas offering extended hours including Saturday service. Good for residents needing in-person mortgage advice, investment accounts, and full-service banking in a bilingual environment.
RBC's Welcome to Canada banking package waives fees for the first year and helps newcomers build Canadian credit history. Laval's growing immigrant community makes RBC a popular choice for those who need credit-building support and multilingual service.
BMO offers free banking for students under 25 and has good digital tools. For young Laval residents starting their financial lives, BMO's no-fee student chequing account and rewards program are hard to beat from a traditional bank.
KOHO is perfect for Quebec residents: no monthly fees, built-in budgeting, and cash back on spending. Use code 45ET55JSYA for a bonus.
Get KOHO Free — Use Code 45ET55JSYA| Bank | Monthly Fee | Laval Branches | French Service | Best For |
|---|---|---|---|---|
| KOHO | $0 | Digital Only | Yes | Everyday banking |
| EQ Bank | $0 | Digital Only | Limited | Savings |
| Desjardins | $6.95–$19.95 | Many | Excellent | Full local service |
| TD | $10.95–$29.95 | Several | Yes | Extended hours |
| RBC | $4–$30 | Several | Yes | New immigrants |
| BMO | $0 (student) | A few | Yes | Students |
Laval's rapid growth and diverse population mean banking needs vary widely. Here are the key considerations for 2025:
Laval's proximity to Montreal means you have access to the full range of Quebec banking options. For day-to-day spending without fees, KOHO leads. For full-service local banking in French, Desjardins is unmatched.
Desjardins has the largest branch and ATM presence in Laval through its caisse populaire network. National Bank and TD also have strong Laval coverage.
No — KOHO is a spending account only. For mortgages in Laval, use Desjardins, TD, RBC, National Bank, or a mortgage broker who can compare rates from multiple lenders.
Laval applies the standard Quebec welcome tax (droits de mutation): 0.5% on the first $52,800, 1.0% up to $264,000, 1.5% up to $528,000, and 2.0% above $528,000. Unlike Montreal, Laval does not charge an additional surtax on properties over $500,000. See our Laval Welcome Tax Calculator.
Desjardins is better for French-first service, community banking, and Quebec-specific expertise. TD is better if you need extended hours, a national ATM network, or plan to bank across provinces.