Winter 2010 - Servus Credit Union
Winter 2010 - Servus Credit Union
Winter 2010 - Servus Credit Union
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grow<br />
<strong>Servus</strong> shares $43 million<br />
It’s Profit Share time again! As a member of<br />
<strong>Servus</strong> <strong>Credit</strong> <strong>Union</strong> you deserve to share in<br />
our success; after all, you’re an owner too.<br />
<strong>2010</strong> was another profitable year for our<br />
credit union. This year <strong>Servus</strong> is giving<br />
back $43 million to our memberowners.<br />
How your Profit Share is paid:<br />
• You’ll receive part of your<br />
share in cash, based on the<br />
business you do with us.<br />
The amount depends<br />
on the money you<br />
deposit and the<br />
interest you pay on loans.<br />
• Part of your share is also<br />
paid to you in dividends.<br />
These are based on your<br />
Common Share account<br />
balance, and are paid to you in<br />
additional Common Shares.<br />
• If you own investment shares,<br />
dividends are paid as more investment<br />
shares or in cash, depending on the<br />
type you own.<br />
Sharing profits is an essential principle of<br />
credit unions. It’s one reason why more<br />
than 400,000 people are loyal members<br />
at <strong>Servus</strong>.<br />
Watch for your Profit Share payout on<br />
your December statement.<br />
Holiday Greetings!<br />
We’re wishing you all the timeless<br />
treasures of the season…the warmth<br />
of home, the love of family, and the<br />
company of good friends.<br />
Welcome to the new<br />
<strong>Servus</strong> website!<br />
At servus.ca you’ll find tools and advice to help you make<br />
better financial decisions. The website is designed to help<br />
with your unique financial needs at every stage of life.<br />
Whether you’re going to school, buying your first home,<br />
dreaming of a lake cottage, or looking for ideas to make your<br />
money grow, you’ll find the information and advice you need.<br />
Try out the financial calculators to help with your decisions.<br />
Look up directions to any of our 100+ branches. Or just relax<br />
while doing late night online banking. There’s even a guided<br />
tour to introduce you to the new features!<br />
The new site is a single online source of information for all<br />
our members across the province. Please let us know what<br />
you think of the new site. Your feedback is important and<br />
helps us to serve you better.<br />
Your vote counts<br />
As a member-owner at <strong>Servus</strong>, you have a<br />
say in your credit union and have the right to<br />
vote for the Directors who serve on the Board.<br />
<strong>Servus</strong> will conduct an election for four Director<br />
positions from February 4 to 18, 2011.<br />
To vote for your favorite candidates please<br />
visit your <strong>Servus</strong> branch or vote online at<br />
servus.ca. To learn more about the candidates<br />
look for their bios in your January statement.<br />
Candidates have also created videos about their<br />
qualifications and desire to be members of the<br />
Board. You can watch them on our website.<br />
Election results will be announced at the Annual<br />
General Meeting, being held on Thursday, March<br />
17, 2011 in Edmonton at the Winspear Centre.<br />
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