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News & AnnouncementsLatest news
connectFirst Credit Union and Servus Credit Union announce intent to merge
The Board of Directors of Servus Credit Union and connectFirst announce an intent to merge the two organizations to benefit members, employees, and our Albertan communities, subject to satisfactory due diligence as well as member and regulatory approval.
Servus Credit Union ends fiscal year 2022 in a position of significant growth while reinvesting in member service for the future
Servus Credit Union finishes fiscal year 2022 surpassing $18.3 billion in assets, up 5.1% from the previous fiscal year, while continuing to invest in future-focused transformative activities.
Servus Credit Union returns more than $60 million from profits to members
Servus Credit Union announced it paid from its profits over $60 million to members via its Profit Share® program.
Servus reaches key milestone while positioning for the future
Servus Credit Union Ltd. (Servus) continues to show strong financial growth in the third quarter of its fiscal year, despite market volatility and while continuing to position the organization for the future.
Servus Credit Union second quarter results show retained earnings reach $1.1 billion
Servus Credit Union Ltd. (Servus) wrapped the second quarter of the 2022 fiscal year with the following results, as compared with the corresponding period in the 2021 fiscal year.
Albertans save a total of $400M during Servus Big Share™ Contest, one wins $1M
Servus Credit Union is pleased to announce that its members saved a combined total of $400 million during this year's Servus Big Share™ Contest, which ran from January 1 to April 30, 2022.
Servus advances organizational transformation
The credit union is growing and moving with the times to keep up with the fast-paced, ever-changing financial industry.
Servus Credit Union is ranked #1 in Canada on Forbes’ World’s Best Banks list
Servus Credit Union ranks #1 in Canada on the Forbes list of World’s Best Banks 2022 climbing up from second on the same list in 2021.
Steady first quarter performance enables growth and transformation for Servus Credit Union
Servus reported net income of $28.6 million for the first quarter of the 2022 fiscal year, up 17.9% from the first quarter of the 2021 fiscal year.
Servus's roots in Ukrainian community drive creation of financial relief packages and refugee supports
In response to the devastating crisis in Ukraine, Servus Credit Union leaned on its ties to the Ukrainian community in Edmonton's Delton area to inform how the organization could best support those impacted during this time of need.