(as of December 31, 2012, unless otherwise indicated)
- Today there are 55 credit unions in Saskatchewan serving 266 communities through 297 service outlets.
- Credit unions offer financial products and services to more than 502,000 members.
- Saskatchewan credit union assets reached $16.9 billion with revenue of over $815 million.
- Credit union lending amounts to $12.9 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 $16 million to more than $4 billion.
- In 2012, Saskatchewan credit unions returned $16 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 2012, Saskatchewan credit unions contributed $76,200 to international development projects to help co-operatives and credit unions in other countries.
- Over the past four years (2008 to 2011 figures combined):
- Saskatchewan credit unions contributed $26.6 million to growing communities.
- Our fundraising efforts brought in nearly $2 million for causes like the Children's Hospital Foundation of Saskatchewan, Red Cross Disaster Relief, Terry Fox Run and Telemiracle.
- Our employees logged more than 285,000 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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