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

EDMONTON, Alberta, Dec. 05, 2023 (GLOBE NEWSWIRE) — 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. The payment is part of Servus’s Profit Share® program in which every Servus member can receive a percentage of the financial institution’s profits by way of cash and dividends. Since starting the program in 2009, the credit union has returned more than $760 million to Albertans. “When Servus profits, our members profit. We are proud to continue our tradition of returning cash and dividends to our member-owners,” says Ian Burns, President & CEO of Servus Credit Union. “We hope…

Source: StreetInsider.com
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