Servus Credit Union
This Page's Content Was Last Updated: July 21, 2026
Credit Union
Servus
Servus Credit Union is a credit union located in Alberta. It was founded in 1938 through the merger of Capital City Savings & Credit Union and several small regional credit unions in Alberta. Most recently, ConnectFirst Credit Union merged into Servus in 2024 and in one of the largest credit union mergers in the history of Canada. It primarily serves Calgary and Edmonton.
Servus Credit Union traces its roots to 1938, when Alberta credit unions began forming in response to limited access to banking during the Great Depression. Headquartered in Edmonton, Servus grew through decades of Alberta credit union amalgamations and became a province wide financial cooperative.
In 2024, Servus merged with connectFirst Credit Union in a transaction described as the largest merger in Canadian credit union history. In 2025, Servus was recognized as Canada’s largest credit union by total assets.
Servus offers personal and business banking, wealth management, and insurance services. Its Profit Share® program rewards eligible members based on their relationship with the credit union. Eligible deposits are fully guaranteed by the Credit Union Deposit Guarantee Corporation, with protection up to any dollar amount for Alberta credit union deposits.
Provinces served
Mortgage Rates
The mortgage rates on this page were last updated on August 5, 2026 at 5:46 PM ET.
| Lender | Term | Rate | |
|---|---|---|---|
| 1-Year Fixed | 4.79% | ||
| 2-Year Fixed | 4.39% | ||
| 3-Year Fixed | 4.39% | ||
| 4-Year Fixed | 4.49% | ||
| 5-Year Fixed | 4.29% | ||
* Rates are for informational purposes only and reflect the lowest rates available. Rates may change at any time and may be applicable only to certain borrowers. Terms and conditions apply. | |||
GIC Rates
The GIC rates on this page were last updated on August 5, 2026 at 11:14 AM ET.
| Term | Rate |
|---|---|
| 3-Month | 2.25% |
| 6-Month | 2.40% |
| 9-Month | 2.40% |
| 1-Year | 3.75% |
| 1.5-Year | 3.25% |
| 2-Year | 2.63% |
| 3-Year | 2.73% |
| 4-Year | 2.77% |
| 5-Year | 2.98% |
* Rates are for informational purposes only and reflect the highest rates available. Rates may change at any time and may be applicable only to certain depositors. Terms and conditions apply. | |
Chequing and Savings Accounts
The account-related data on this page was last updated on July 20, 2026.
Chequing Accounts
Chequing Account
1. Account: 17 - 25 Be Free
- Standard Fee
- Free*
- Free Transactions
- Unlimited
- Max e-Transfer / Day
- $10,000
- Insurance Limit
- Unlimited
Account details
- This account allows Unlimited free transactions.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $70,000
- This limit may vary depending on the client profile.
- *This account is available for youth and students only.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Alberta).
Chequing Account
2. Account: Basic Plan
- Standard Fee
- $3.95/mo
- Free Transactions
- 18
- Max e-Transfer / Day
- $10,000
- Insurance Limit
- Unlimited
Account details
- This account allows 18 free transactions.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $70,000
- This limit may vary depending on the client profile.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Alberta).
Chequing Account
3. Account: Personal Essential Plan 1
- Standard Fee
- $3.95/mo
- Free Transactions
- 15
- Max e-Transfer / Day
- $10,000
- Insurance Limit
- Unlimited
Account details
- The monthly account fee is waived if you maintain a minimum balance of $4,000 in your account.
- This account allows 15 free transactions.
- 1 free withdrawal from a non-credit-union ATM in Canada is included.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $70,000
- This limit may vary depending on the client profile.
- “Ding-free” means that members pay no surcharges at credit union and other participating ATM’s across Canada through the ACCULINK shared service and/or THE EXCHANGE* network for withdrawals, deposits and balance inquiries. (*Note: Not all credit unions are part of THE EXCHANGE network).
Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Alberta).
Chequing Account
4. Account: Personal Essential Plan 2
- Standard Fee
- $11.95/mo
- Free Transactions
- 60
- Max e-Transfer / Day
- $10,000
- Insurance Limit
- Unlimited
Account details
- The monthly account fee is waived if you maintain a minimum balance of $4,000 in your account.
- This account allows 60 free transactions.
- 1 free withdrawal from a non-credit-union ATM in Canada is included.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $70,000
- This limit may vary depending on the client profile.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Alberta).
Chequing Account
5. Account: Personal Essential Plan 3
- Standard Fee
- $16.95/mo
- Free Transactions
- Unlimited
- Max e-Transfer / Day
- $10,000
- Insurance Limit
- Unlimited
Account details
- The monthly account fee is waived if you maintain a minimum balance of $4,000 in your account.
- This account allows Unlimited free transactions.
- 1 free withdrawal from a non-credit-union ATM in Canada is included.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $70,000
- This limit may vary depending on the client profile.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Alberta).
Chequing Account
6. Account: Senior Unlimited
- Standard Fee
- Free*
- Free Transactions
- Unlimited
- Max e-Transfer / Day
- $10,000
- Insurance Limit
- Unlimited
Account details
- This account allows Unlimited free transactions.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $70,000
- This limit may vary depending on the client profile.
- *This account is available for seniors only.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Alberta).
Savings Accounts
Savings Account
Account: Personal Savings
- Interest Rate
- 0.01%
- Standard Fee
- Free
- Free Transactions
- 1
- Max e-Transfer / Day
- $10,000
- Insurance Limit
- Unlimited
Account details
- This account allows 1 free transaction.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $70,000
- This limit may vary depending on the client profile.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Alberta).
Savings Account
Account: Premium Savings
- Interest Rate
- 0.15%*
- Standard Fee
- Free
- Free Transactions
- 1
- Max e-Transfer / Day
- $10,000
- Insurance Limit
- Unlimited
Account details
- This account allows 1 free transaction.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $70,000
- This limit may vary depending on the client profile.
*Interest Rate Breakdown by Balance
Balance amount Interest rate $0.00 to $4,999.99 0.15% $5,000.00 to $99,999.99 0.55% $100,000.00 or over 0.75% Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Alberta).
Credit Union Overview
| Metric | 2025 | YoY Change | 5-Year Change |
|---|---|---|---|
| Assets | $30.2B | +3.3% | +73.2% |
| Loans | $26.4B | +6.3% | +72.5% |
| Deposits | $25B | +2.5% | +74.0% |
| Mortgages + HELOCs | $13.3B | +6.0% | +53.4% |
| Revenue | $1.14B | +37.6% | +112.3% |
| Efficiency Ratio | 59.7% | — | — |
| Members | ~600,000 | — | — |
| Branches | 147 | — | — |
| Target Members / Region | Calgary, Edmonton | — | — |
Servus Credit Union Deposits, Loans and Revenue in the Past 5 Years
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Contact
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Disclaimer:
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- Interest rates are sourced from financial institutions' websites or provided to us directly. Real estate data is sourced from the Canadian Real Estate Association (CREA) and regional boards' websites and documents.