Join Servus Credit Union today
Young & Free Chequing
If you are between 17 and 25 years of age, you can get tons of free banking services with a Young & Free Chequing Account. Servus Credit Union is the only financial institution in Alberta that offers the Young & Free program, which gives you useful information to help you manage your finances independently.
The Young & Free Chequing Account offers
- No monthly service fees
- Withdrawals from your own or other credit union Acculink® ATMs across Canada
- Transfers between accounts
- Point-of-sale transactions
- Cheques
- Bill payments
- Internet banking and teleservice
- Profit Share program
Auto loans
Buying a car or a motorcycle? Get pre-approved financing with no hidden costs before you go shopping and you'll have the bargaining power to get both the vehicle you really want—and the deal you really deserve.
Ask us about:
- Fixed rate options
- Seven-year amortizations available on selected vehicles
- Flexible payment schedule
- Profit Share dividends
MasterCard credit card
Our Student MasterCard is a great way to get started with credit. If you are a student over the age of 18 and enrolled in a post-secondary institution, the Student MasterCard® credit card has everything you need to make the grade. Receive a credit limit between $500-$2,000 and start building a credit history.
Features:
- Low annual fee ($24 or $0 without CHOICE REWARDS®)
- No supplemental card fee
- Optional CHOICE REWARDS (1 point for every $1 spent)
- Purchase protection (90 days—loss/theft/damage)
- Extended warranty—extends the manufacturer's warranty for up to two additional years
- Common carrier travel accident insurance ($100,000 value)
- Baggage delay coverage for expenses when baggage is delayed or misdirected
Not a student? That's OK, we've got a bunch of credit cards to choose from. Find the right credit card for your life.
Student Loans
Congratulations! You're pursuing post-secondary education. It's an exciting time but it can be demanding. You should be focused on your studies, not your finances.
Let us take one worry off your mind by helping you finance your education.
If you are enrolled at a designated post-secondary education institution and carrying at least 60% of a full-time course load (that is at least three courses per semester in a program 12 weeks or longer), you are eligible to apply for a student loan.
On approved credit, get a great rate and pay only the interest until you graduate. Maximum amount you may borrow varies based on your program of study. Talk to one of our financial advisors about customizing a loan for you.
Let us help you make an investment in your future.
Apply in person
Start your app online
If you are between 17 and 25 years of age, you qualify! Complete the interest form below. We'll follow-up with an email with more information or an appointment with the branch location of your choice. (Find the Servus Credit Union location nearest you.)
Why choose Servus Credit Union?
Servus Credit Union exists to serve its membership—it's that simple
Servus provides a community-minded approach to banking. We care about more than just your bank account. We're interested in your life and community, and how we can best help you make your dreams come true.
Whether your needs are simple or complex, we offer a full line of personal and business banking solutions. Our dedicated and knowledgeable employees can provide advice and services that are right for you.
Based in Edmonton with regional offices in Lloydminster and Red Deer, Servus Credit Union provides a complete line of financial services and solutions, as well as smart advice for your life and your business.
People are at the heart of our credit union. Our strength lies in the members and employees who believe that financial services are about more than money. Our security lies in the credit union principles that guide our decisions, putting people first.
Amazing access
You are always close to your money at Servus. We serve nearly 400,000 members from more than 100 locations in 62 communities. In addition, Servus is proud to partner with 20 credit unions across Alberta to offer province-wide inter-credit union banking services.
Credit Unions Connect offers credit union members access to a wide range of basic banking transactions free of charge at 188 credit union branches throughout the province. Members can complete transactions like withdrawing cash, depositing a cheque, transferring funds, making a loan payment, checking account balances and managing their Personal Identification Numbers at any participating credit union branch, even if they are not a member of that credit union.
Servus advantages
Member ownership
We are owned by members and are part of the community. That gives members a say in our business.
100% deposit guarantee
Deposits are 100% guaranteed so the money you put in and the interest earned is safe and secure – up to any dollar amount.
Exceptional service
Our service is powered by the knowledge and experience of more than 2,000 employees, every one of them dedicated to helping you improve your financial well-being.
Local decision making
Staying close to the people we serve is fundamental to our success. With more than 100 locations in 62 communities, we can adapt quickly to meet the needs of our members.
Share in the success of your credit union
Sharing our success with the people who make it possible is a fundamental principle of being a credit union. It's our way of saying thanks for being a loyal and committed member of Servus Credit Union.
Servus Credit Union's Profit Share program creates a balance between rewarding you for being a loyal member and ensuring the sustainability of our credit union by building its capital base. To achieve this goal, Profit Sharing is paid out in both cash and common shares, based on the profitability and equity position of the credit union.
The Profit Share program has three components: Patronage, Common Share Dividends and Investment Share Dividends.
Patronage
Members are rewarded for banking with us. Patronage rewards are paid in cash, based on a percentage of the interest paid on loans, earned on deposits and the average balance held in demand accounts (the specific percentage is determined on an annual basis). Agriculture and Commercial accounts receive a cash Patronage through a rebate on their service charges, rather than on interest paid or received.
Common share dividends
Common Share Dividends are paid in the form of additional Common Shares. Paying dividends as shares strengthens our financial position and builds a strong share base, which ensures we will continue providing you with superior service and financial solutions. It also allows members to earn more dividends in future years on the re-invested Common Shares.
Investment share dividends
Investment Share Dividends are paid out in the form of additional shares or cash, based on the terms of the Disclosure Statement under which the shares were issued.
The total amount of Profit Share paid to members, including both Patronage and Dividends, is based on our credit union's performance throughout the year and determined by the Board of Directors at the end of our fiscal year.
If you have any questions about our Profit Share program, please visit your local branch and one of our knowledgeable employees will be happy to help you. Request an appointment online for your local branch today.