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News & Announcements2023 News
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.