EDMONTON, Alberta, Sept. 17, 2025 (GLOBE NEWSWIRE) — Servus Credit Union Ltd. (Servus) continued to build momentum with merger synergies, posting normalized income before income tax and patronage of $170.6 million in the first three quarters of fiscal 2025. This level of profitability reflects the confidence members place in Servus to support their financial goals, reinforcing its position as Canada’s largest credit union.
Servus’s fiscal year covers the period from November 1, 2024, to July 31, 2025. Over this period, Servus’s balance sheet expanded with loan growth of $898.7 million (a 3.6% increase from previous year end), supported by $297.7 million (a 1.2% increase) in new deposits.
“We’re proud of the growth we’ve achieved, but equally proud of how we’ve achieved it. We’ve done so responsibly, with strong risk management, and with members’ long-term financial wellbeing at the centre,” said Ian Burns, President & CEO of Servus Credit Union. “This steadfast focus is what has seen Servus recently emerge as Canada’s largest credit union. And, when you …