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2023 News

December 05, 2023

Servus Credit Union pays $68.1 million to members from profits, spreading early holiday joy

Servus Credit Union shared $68.1 million from its profits with members across the province yesterday. The credit union has been seeing steady growth in 2023 that enabled another year of record-setting profit payout.

November 10, 2023

connectFirst Credit Union and Servus Credit Union members approve merger

Members of connectFirst and Servus have approved the proposed merger of their two credit unions. At connectFirst Credit Union’s Special General Meeting, held on November 9, 2023, members voted 85% in favour of the merger.

September 28, 2023

Servus Credit Union continues its upward asset growth trajectory

Servus Credit Union Ltd. (Servus) continued its growth trajectory in its third quarter of 2023, reaching $19.8 billion in assets – up $1.6 billion (9.2%) from the same period last year.

June 28, 2023

Servus Credit Union achieves over $1 billion in asset growth year-over-year

Servus Credit Union Ltd. (Servus) continued to report record growth in its second quarter of 2023, having reached $19.1 billion in assets, up $1.2 billion from the same period last year.

June 15, 2023

Alberta farmer-power engineer named next Servus millionaire

Levi Ryl, a 27 year-old farmer and power engineer based in Athabasca, AB, saw one million dollars deposited into his account earlier this morning. Alberta's newest millionaire is the winner of the 2023 Servus Big Share™ contest by Servus Credit Union.

June 02, 2023

Servus Credit Union announces acquisition of Stride Capital Corp. bolstering commercial equipment leasing business within Canada

Stride Capital becomes a wholly owned subsidiary and new division of Servus Credit Union.

May 09, 2023

Servus Credit Union celebrates 20 years winning Canada's Best Managed Companies award

Servus Credit Union has received the prestigious 2023 Canada's Best Managed Companies award. The credit union has retained its Best Managed designation for 20 consecutive years.

March 21, 2023

Servus Credit Union continues with strong asset growth amidst unpredictable economic conditions

Servus Credit Union Ltd. (Servus) started its fiscal year with significant growth, surpassing $18.7 billion in assets, while continuing to invest in strategic priorities to enable future growth and support members during challenging economic conditions.

March 09, 2023

Servus Credit Union announces 2023 Board of Directors election results

Servus Credit Union announced at their Annual General Meeting (AGM) on March 8, 2023, the election of three members to its Board of Directors.

March 03, 2023

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.

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