Quick Facts

(as of December 31, 2018, unless otherwise indicated)

  • Today there are 40 credit unions in Saskatchewan serving 208 communities through 235 service outlets.
     
  • Credit unions offer financial products and services to more than 481,000 members. 
     
  • Saskatchewan credit union assets reached close to $23.8 billion with revenue of over $1.07 billion. 
     
  • Credit union lending amounts were close to $19.2 billion. 
     
  • Over 380 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 $19 million to more than $6 billion. 
     
  • In 2018, Saskatchewan credit unions returned over $10.3 million to their members in the form of patronage equity contribution and dividends. 
     
  • Credit unions are a major contributor to Saskatchewan’s economy, employing over 3,300 people. 
     
  • 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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