(as of December 31, 2011, unless otherwise indicated)
- Today there are 60 credit unions in Saskatchewan serving 270 communities through 303 service outlets.
- Credit unions offer financial products and services to approximately 508,000 members.
- Saskatchewan credit union assets reached $15.6 billion with revenue of over $797 million.
- Credit union lending amounts to $11.4 billion.
- Over 500 board members are locally elected by members of each credit union to provide strategic direction to their management teams.
- As independent financial institutions owned and controlled by their members, credit unions are shaped by community needs. Saskatchewan credit unions range in asset size from $12 million to more than $3 billion.
- In 2011, Saskatchewan credit unions returned $17.8 million to their members in the form of patronage equity contribution and dividends.
- Credit unions are a major contributor to Saskatchewan's economy, employing more than 3,500 people.
- In 2011, Saskatchewan credit unions contributed $78,000 to international development projects to help co-operatives and credit unions in other countries.
- In 2010, Saskatchewan credit unions contributed $7.8 million to growing communities which represents 7.2% of pre-tax profits. (2011 figures are not yet available.)
- In 2010, our fundraising efforts brought in more than $804,000 for causes like the Children's Hospital Foundation of Saskatchewan, Red Cross Disaster Relief, Terry Fox Run and Telemiracle – and our employees logged more than 91,000 hours of volunteer time for community organizations. (2011 figures are not yet available.)
- Funds held on deposit in Saskatchewan credit unions are fully guaranteed through the Credit Union Deposit Guarantee Corporation. The full guarantee is made possible through a comprehensive deposit protection regime that is focused on prevention. Read more about the guarantee.
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