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Servus Credit Union rewards members with $83 million through annual Profit Share® program
In a move unlike other financial institutions, Servus Credit Union Ltd. (Servus) announced today it is sharing $83 million in profits with its members across Alberta. Through its annual Profit Share® program which began in 2009, Servus has returned more than $943 million to Albertans through cash and dividends, reflecting the long-term strength of the credit union and its commitment to delivering member value.
Servus Credit Union welcomes economist Charles St-Arnaud as Chief Economist
Servus Credit Union Ltd. (Servus) today announced that economist Charles St-Arnaud will be joining the organization on Dec. 1 as Chief Economist, bringing an established economist function into Servus and strengthening its ability to deliver clear, data-driven insight for members and Albertans.
Servus Reports Strong Q3 Results, Balancing Growth with Member Benefits
Servus Credit Union Ltd. (Servus) continued to build momentum with merger synergies, posting normalized income before income tax and patronage of $170.6 million in the first three quarters of fiscal 2025. This level of profitability reflects the confidence members place in Servus to support their financial goals, reinforcing its position as Canada’s largest credit union.