(Edmonton, AB) – 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.
"From the onset of the crisis we heard from our Ukrainian members and staff about how Servus could support the Ukrainian community, both here in Alberta and overseas," said Debbie Neddow, Branch Manager at Servus's Delton branch. "A committee was immediately set up and worked closely with our Ukrainian Community Council to understand what was needed."
Established in 1946, 1948 and 1961, Edmonton's first three Ukrainian credit unions delivered financial services and worked to preserve the community's cultural heritage. In 1970, the three amalgamated to form the Ukrainian (Edmonton) Credit Union, which later was part of a large amalgamation with Servus's Delton branch in 1987. Since then, the Delton branch has continued serving members, many of whom have Ukrainian heritage. It's also home to Servus's Ukrainian Community Council, which works closely with the credit union to advise on ways the credit union can contribute to the Ukrainian community.
"I'm very proud of how quickly Servus created financial relief packages to support both existing members and Ukrainian refugees," said Neddow.
The creation of these specialized member financial relief and refugee banking supports comes following the organization's $50,000 donation to the Canada-Ukraine Foundation on February 25, 2022.
"We know the many Albertans who have been impacted by the situation in Ukraine are going through an unbelievably stressful and worrying time," said Ian Burns, President and CEO of Servus. "This donation will help with urgent needs such as medical supplies, emergency shelter and food security. Servus remains committed to doing what we can to support our members and the Ukrainian community."
Servus financial supports for members and communities impacted by the crisis in Ukraine
Servus's commitment to supporting those impacted by the current crisis includes the development of programs offering relief to members who are financially supporting family or friends trying to leave Ukraine, as well as the creation of specialized banking packages for refugees who settle in Alberta.
About Servus Credit Union Ltd.
At Servus Credit Union we're building a better world, one member at a time. We've been shaping the financial fitness of Albertans for over 80 years with a full line of secure financial services. We help members manage their money wherever they are through more than 100 branches in 59 communities; online, mobile and telephone banking; and 1900 no-fee ATMs across Canada. We re-invest our profits in our members and the communities we serve.
For more information contact:Chris Tse
Media & Story Consultant