 On August 20, 1962, Fraser Valley Broadcasters established CFVR in Abbotsford as a semi-satellite of CHWK, operating on 1240 AM with 250 watts of power; CFVR initially broadcast separately 6 to 9 a.m. and during the noon hour, while the balance of its programming came from Chilliwack With the move from the Park Hotel to new studios separate programming was expanded to 6 a.m. to 6 p.m. With the establishment of CFVR, Fraser Valley Broadcasters formed the regional radio network Fraser Valley Radio with CHWK and CFVR as its founding stations.Pilling retired as the majority owner and president of Fraser Valley Broadcasters in 1963.In 1966, CHWK and CFVR parent Fraser Valley Broadcasters was under the ownership of Murdo Maclachlan, Bill Wolfe, and Bill Teetzel when Dennis Barkman purchased a ⅓ interest in the company by acquiring Teetzel's shares, with an option on the remaining shares of Maclachlan and Wolfe.