Servus Credit Union
This Page's Content Was Last Updated: July 21, 2026
Important Information
WOWA.ca is a third-party rate aggregator and directory. We are not directly affiliated with Servus Credit Union.
Managing $30.2 billion in total assets, Servus Credit Union stands as the #3 largest credit union in Canada. Our independent review breaks down Servus Credit Union’s consumer offerings, deposit safety under the Credit Union Deposit Guarantee Corporation (CUDGC Alberta), and competitive rates for Alberta depositors and home buyers.
Jump to Section: Institution Overview•Mortgage Rates•GIC Rates•Financial Performance
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 is an Alberta-based financial cooperative headquartered in Edmonton, with roots dating to 1938 during the Great Depression. It expanded over the following decades through a series of regional amalgamations, and in 2024 it completed its merger with ConnectFirst Credit Union — the largest credit union merger in Canadian history — cementing its position as one of Canada's largest credit unions by assets and loans. Servus offers personal and business banking, mortgages, wealth management, and insurance to members across Alberta, and distributes a share of its profits back to eligible members through its Profit Share program. Member deposits are fully guaranteed, with no dollar limit, by the Credit Union Deposit Guarantee Corporation of Alberta.
Provinces served
Number of Members (as of 2025): ~600,000
Servus Mortgage Rates
The mortgage rates on this page were last updated on September 21, 2026 at 6:15 PM ET.
| Lender | Term | Insured down payment < 20% | Insurable home < $1M & amortization ≤ 25yr |
|---|---|---|---|
| Servus Credit Union | 1-Year Fixed | 4.84% | 4.84% |
| Servus Credit Union | 2-Year Fixed | 4.39% | 4.39% |
| Servus Credit Union | 3-Year Fixed | 4.49% | 4.49% |
| Servus Credit Union | 4-Year Fixed | 4.59% | 4.59% |
| Servus Credit Union | 5-Year Fixed | 4.59% | 4.69% |
* 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. | |||
Looking for fine-print details? Read our comprehensive Servus Credit Union Mortgage Rates, Prepayment Privileges & Penalty Review to learn about annual lump-sum rules, payment increases, and early payout calculations.
Servus GIC Rates
The GIC rates on this page were last updated on September 21, 2026 at 5:44 PM ET.
| Term | Non-Registered Rate | Registered Rate |
|---|---|---|
| 3-Month | 2.25% | 2.25% |
| 6-Month | 2.40% | 2.40% |
| 9-Month | 2.40% | 2.40% |
| 1-Year | 3.75% | 3.75% |
| 1.5-Year | 3.30% | 3.30% |
| 2-Year | 2.63% | 2.63% |
| 3-Year | 2.73% | 2.73% |
| 4-Year | 2.77% | 2.77% |
| 5-Year | 2.98% | 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. | ||
Servus Credit Union Ranking Among Credit Unions Monitored by WOWA
3rd
by Assets
of 134 credit unions
2nd
by Loans
of 133 credit unions
3rd
by Deposits
of 133 credit unions
Servus Credit Union ranks 3rd among Canadian credit unions by assets monitored by WOWA, 2nd by loans, and 3rd by deposits, as of January 31, 2026. You can view the complete list of Canadian credit unions here.
Servus Credit Union Branch Locations
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.
- Servus 17–25 Be Free is a no-monthly-fee chequing account for members ages 17 to 25. It includes unlimited electronic and in-branch transactions, unlimited Interac e-Transfers, and free withdrawals at participating credit union ATMs. Non-credit-union ATM withdrawals in Canada cost $1.50 each, with fees charged by the ATM operator still applying. Members can also participate in Servus Profit Share Rewards.
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.
- Servus Basic Plan is a chequing account with 18 included transactions per month for a $3.95 monthly fee. Additional transactions cost $1.25 each, while non-credit-union ATM withdrawals in Canada cost $1.50, with fees charged by the ATM operator still applying. Deposits and transfers between Servus accounts are free, making the account best suited to customers with lower transaction volumes.
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.
- Servus Personal Essential Plan’s first tier includes up to 15 transactions per month for a $3.95 monthly fee, with Interac e-Transfers counting toward the transaction limit. It includes one non-credit-union ATM withdrawal in Canada with Servus’s fee waived each month, although fees charged by the ATM operator still apply. The monthly fee is waived when you maintain a minimum monthly balance of $4,000.
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.
- Servus Personal Essential Plan’s second usage tier includes up to 60 transactions per month for an $11.95 monthly fee, with Interac e-Transfers counting toward the transaction limit. It includes one non-credit-union ATM withdrawal in Canada with Servus’s fee waived each month, although fees charged by the ATM operator still apply. The monthly fee is waived when you maintain a minimum monthly balance of $4,000.
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.
- Servus Personal Essential Plan’s top usage tier includes unlimited electronic transactions and Interac e-Transfers for a $16.95 monthly fee. Electronic transactions include bill payments and credit union ATM withdrawals, while in-branch transactions have a $1.50 handling fee. The monthly fee can be waived by maintaining a minimum monthly balance of $4,000.
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.
- Servus Senior Unlimited is a no-monthly-fee chequing account for members over age 60. It includes unlimited electronic and in-branch transactions, unlimited Interac e-Transfers, and credit union ATM withdrawals. Members also receive 50 free cheques per year, a $10 safety deposit box discount, and 5 free coverdrafts.
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.
- Servus Personal Savings is a no-monthly-fee savings account with 1 included transaction per month. Additional regular transactions cost $1.50 each, and Interac e-Transfers also cost $1.50 each. Transfers between Servus accounts are unlimited and free, making the account primarily suited to lower-activity saving rather than frequent transactions.
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% - Servus Premium Savings is a no-monthly-fee savings account with split-rate tiered monthly interest and 1 included transaction per month. Additional withdrawals, purchases, bill payments, and automated fund transfers generally cost $5 each, while Interac e-Transfers cost $1.50. Registered versions are also available as a TFSA, RRSP, or RRIF.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Alberta).
Key Financial Metrics and Trends
| Metric | 2025 | YoY Change | 5-Year Change |
|---|---|---|---|
| Assets | $30,240M | +3.3% | +73.2% |
| Loans | $26,424M | +6.3% | +72.5% |
| Deposits | $25,028M | +2.5% | +74.0% |
| Loan-to-Deposit Ratio | 105.6% | — | — |
| Mortgages + HELOCs | $13,266M | +6.0% | +53.4% |
| Securities | $2,290M | -21.8% | +121.0% |
| Revenue | $1,138M | +37.6% | +112.3% |
| Efficiency Ratio | 59.7% | — | — |
| Target Members / Region | Calgary, Edmonton | — | — |
Servus Credit Union Deposits, Loans and Revenue in the Past 5 Years
For deeper insights into all Canadian lenders, subscribe to our comprehensive Lenders Report, with plans starting at just $100 per month.
Contact
If you're from Servus Credit Union and would like to add or update information on this page, please fill out the form.
Disclaimer:
- Any analysis or commentary reflects the opinions of WOWA.ca analysts and should not be considered financial advice. Please consult a licensed professional before making any decisions.
- The calculators and content on this page are for general information only. WOWA® does not guarantee the accuracy and is not responsible for any consequences of using the calculator.
- Financial institutions and brokerages may compensate us for connecting customers to them through payments for advertisements, clicks, and leads.
- 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.