Guaranteed investments are just that – guaranteed.
Jan 1 - April 30 The Servus Big Share is back! Last year, we shared big by giving away $1 million to one lucky member. This year, it could be you! The more money you invest, the more chances you'll have to win! What is the Big Share? Improve the comfort and warmth of your waterproof footwear with Servus 3/8' Felt Men's Insoles. Thick cushioning offers comfort during long days on the job, and insulates your feet from the cold ground. Improved ventilation keeps your feet feeling clean and dry longer. For customized support, these felt insoles will actually conform to the.
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When you invest in a Guaranteed Investment Certificate (GIC) your money is guaranteed to grow and it’s secure so you can feel good about your investment. GICs come in a wide range of interest rates, terms and options to fit your unique investment needs.
Tuxera ntfs 2020. Servus GICs are risk-free investments that can help you create a balanced portfolio. Most GICs:
- Pay a set rate of return
- Have a variety of terms and rates to choose from
- Can be bought on their own or as part of a registered plan
- Have a low minimum investment amount
- Are protected by our 100% deposit guarantee
And at Servus, your GIC is included in our Profit Share program so you can earn even more.
It’s time to feel good about your money.
Get expert GIC advice from one of our financial advisors.
Get expert GIC advice from one of our financial advisors.
Here is a list of all documented class members with links to the class documentation for each member. Nevertheless, the following year he debased the denarius again because of rising military expenditures. The silver purity decreased from 78.5% to 64.5% – the silver weight dropping from 2.46 grams to 1.98 grams. In 196 he reduced the purity and silver weight of the denarius again, to 54% and 1.82 grams respectively.
Compare our different GICs
Jump to: Redeemable GICs | Non-redeemable GICs
Redeemable GICs
These GICs are super flexible. Ireal pro 6 2 download free. Their details can be different, but generally the idea is you're able to take your money out of the GIC before the term is up.
Business 90 Day T-Bill
For our business members only, the T-Bill offers a convenient term and flexibility at a great rate.
Non-redeemable GICs
These fixed-term GICs are our best rates. Your money stays locked in for the term, but you can choose from 30 days to 5 years.
Start investing online
Many of our GICs can be purchased through online banking. Ready to get started?
- Navigate to the Products area of the My Servus tab
- Choose the Investing tab and then the GIC you'd like to add (remember you can choose a registered or non-registered option for most GICs)
EDMONTON, Alberta, Sept. 25, 2020 (GLOBE NEWSWIRE) -- Today Servus Credit Union released its third quarter results for the 2020 fiscal year. In a quarter marked by the continued effects of COVID-19, Servus's financial results reflect the credit union's commitment to supporting members while maintaining a strong financial position for years to come.
'Throughout the past several months, we've supported many of our members through some of the most trying financial times they may have ever experienced. All along, Servus has been in a strong position to be able to help them,' says Garth Warner, President & CEO of Servus Credit Union. 'I'm so proud of the way we've been able to do this. More than ever, we leaned into our noble purpose and supported our members to manage their financial fitness, while staying true to our history and values as a credit union.
'Though we've certainly seen a lot change from what we originally expected to see in 2020, we've maintained our strong and stable foundation established from years of careful cost management and building capital reserves above legislated requirements. This position has allowed us to support our members and identify opportunities to enhance how we serve them through the crisis and beyond, all while staying true to our founding principles.'
Key performance indicators (all figures compare Q3 2020 to Q3 2019):
- Assets grew 5.9% to $17.3 billion.
- Net income (after dividends, patronage and taxes) fell by 39% to $11.2 million.
- Deposits increased by 6.5% to $13.9 billion.
- Loans expanded by 1.9% to $14.7 billion.
- Retained earnings were boosted by 5.6% to $959.4 million and our capital is well over the legislated requirement.
While net income for the quarter is down due to changes in consumer behaviour resulting from the pandemic and weak economy, deposits increased to $13.9 billion, up 6.5% from the same quarter in FY19. The biggest factor in the lower income figure is a significant increase in loan loss provisions — these do not indicate actual loan defaults, but are funds set aside in anticipation of higher expected losses based on how the economy is performing. Additionally, we've also seen our members' spending patterns change, resulting in a reduction in transaction volumes and associated revenues.
'The results reflected in our net income are not surprising — we knew we would continue to see impacts from COVID-19 this quarter. That said, we have worked hard to remain profitable throughout this period and are proud we've been able to achieve that,' explained Mr. Warner. 'We're also encouraged by how many of our members are seeing this as an opportunity to strengthen their financial fitness, which is reflected in our deposit and asset growth.'
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The Servus Feel Good Movement
In May, Servus launched the Servus Feel Good Movement™ to help make a positive impact for our members and Albertans overall. With the Movement, Servus expects to give $1 million to programs and initiatives that help people start to feel good again throughout the remaining of the 2020 fiscal year. So far, Servus has given more than $180,000 to a number of organizations across the province including distress centres that operate Alberta's 211 helpline.
In June, Servus also added a nomination program to the Movement asking Albertans to nominate deserving people, non-profits and community initiatives for the chance to receive a gift valued up to $1000. Since June, Servus has awarded $52,000 from this program.
About Servus Credit Union Ltd.
At Servus Credit Union we're building a better world, one member at a time. We've been shaping the financial fitness of Albertans for 80 years with a full line of secure financial services. We help members manage their money wherever they are through 101 branches in 59 communities; online, mobile and telephone banking; and 1900 no-fee ATMs across Canada. We re-invest our profits in our members and the communities we serve. For more information, call 1.877.378.8728 or visit servus.ca.
At Servus Credit Union we're building a better world, one member at a time. We've been shaping the financial fitness of Albertans for 80 years with a full line of secure financial services. We help members manage their money wherever they are through 101 branches in 59 communities; online, mobile and telephone banking; and 1900 no-fee ATMs across Canada. We re-invest our profits in our members and the communities we serve. For more information, call 1.877.378.8728 or visit servus.ca.
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