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Quick Facts

(as of December 31, 2015, unless otherwise indicated)

  • Today there are 46 credit unions in Saskatchewan serving 229 communities through 264 service outlets.
  • Credit unions offer financial products and services to more than 472,000 members.
  • Saskatchewan credit union assets reached $20.8 billion with revenue of over $881 million.
  • Credit union lending amounts to $16.6 billion.
  • Almost 450 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 $17 million to more than $5 billion. 
  • In 2015, Saskatchewan credit unions returned over $7.3 million to their members in the form of patronage equity contribution and dividends.
  • Credit unions are a major contributor to Saskatchewan's economy, employing almost 3,500 people. 
  • In 2015, Saskatchewan credit unions contributed $71,280 to international development projects to help co-operatives and credit unions in other countries. 
  • In 2015, Saskatchewan credit unions contributed more than $7.8 million to growing communities. Our fundraising efforts brought in over $154,000 for causes like the Children's Hospital Foundation of Saskatchewan, Red Cross Disaster Relief and Telemiracle. Our employees logged close to 26,000 hours of volunteer time for community organizations. 
  • 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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Last updated: Tue, Jan 03, 2017 09:21:50 CST
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