Skip to content

Rewards Program

Reward Programs for Credit Cards, Travel, Hotels and More

Menu
  • Reward Programs
  • Credit Card Rewards
  • Travel Rewards
  • Hotel Rewards
  • Other Rewards
Menu

Servus Credit Union pays $33.3 million in Profit Share® Rewards cash

Posted on December 7, 2020 by Rewards


EDMONTON, Alberta, Dec. 07, 2020 (GLOBE NEWSWIRE) — This weekend, Servus Credit Union’s member-owners received a record $33.3 million in Profit Share® Rewards cash — up nearly $1 million from the $32.4 million paid in 2019.

Along with Profit Share Rewards cash, Servus is also returning $4.7 million in investment share dividends and $16.3 million in common share dividends, totalling $54 million shared with members in 2020.

“Servus is proud to be sharing profits with our members in what has been a challenging year for many individuals and businesses across Alberta,” says Garth Warner, President & CEO of Servus Credit Union. “Despite the impact of the COVID-19 pandemic, Servus Credit Union’s financial position remains strong and our member-owners are seeing the benefit through Profit Share Rewards cash.

“Earlier this year, we committed to helping Albertans remain resilient through the Servus Feel Good Movement™ which included financial relief options, focused community investment funding and a community nomination program recognizing Albertans who have made a difference. Closing out 2020 by returning $54 million to Albertans is a punctuation of these efforts.”

Every December, Servus shares profits with members by way of cash and dividends — something only credit unions offer within the financial services industry. Since 2009, Servus has returned more than $580 million to its members, the highest return of its kind in Alberta and one of the highest in Canada.

The Servus Big Share™ Contest returns for 2021

Each year since 2019, in addition to the millions of dollars shared with members through the overall Servus Profit Share Rewards program, the Servus Big Share contest also rewards one Servus member with $1 million. The Profit Share Rewards cash Servus members earn also gives them early entries into The Servus Big Share™ Contest, which returns in January 2021.

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 over 80 years with a full line of secure financial services. We help members manage their money wherever they are through more than 100 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.

For more information contact:

Amanda LeNeve
Manager, Media & Member Engagement
Servus Credit Union
T: 780.638.8838
C: 587.920.9158
Email: amanda.leneve@servus.ca

www.facebook.com/servuscu
www.twitter.com/servuscu





Source link

Ask Jeeves
Ask Jeeves

Rewards Programs

  • The Loyalty ‘Oscars’ Named After Freddie Laker
  • By 2023, American Travelers Can Expect to Pay an Entry Fee to Travel in Europe
  • MGM Closes Acquisition Of Cosmopolitan Las Vegas
  • Synergy Motorsports Rolls Out New Rewards Program
  • What to Do If Your Chipotle Account Gets Hacked
  • Greenlight Family Cash Mastercard: Parents Can Automatically Invest Rewards Into Stocks
  • Capital One Unveils New Travel Rewards for Popular Credit Cards
  • Donate Your Credit Card Rewards To Benefit Ukraine
  • 3 Big Mistakes You’re Probably Making at Costco
  • Allied Esports launches rewards program at HyperX Arena involving NFT prizes
  • The features I would add to each loyalty program’s website
  • What Are The 8 Best Banks in California?
© 2022 Rewards Program | Powered by Superbs Personal Blog theme