If you're a member of Servus Credit Union then you're part of something really big this year—the 2012 United Nations International Year of Cooperatives. Throughout the year Servus will be celebrating the role co-operatives play in our community and our world.
It is an acknowledgement by the international community that co-operatives:
- Drive the economy.
- Respond to social change.
- Are resilient to the global economic crisis.
- Are serious, successful businesses creating jobs in all sectors.
Servus has a proud history of providing co-operative financial services in Alberta since 1938. Our vision is to build a better world one member at a time and we’ll achieve this through the co-operative principles of putting members first, democratic participation and giving back to the community.
What does being a co-operative mean?
In its simplest form, a co-operative is a business that is owned and controlled by the people who use its services. Servus embraces the co-operative principles that set us apart from our competitors.
Member-ownership: We are owned by members, so they have a say in our business.
Profit Share: We share our success with the people who make it possible through the Profit Share program. This year we shared $44.3 million with our members.
Community investment: We are dedicated to the communities in which we live and work. In 2011, we gave $1.4 million in support of many projects and initiatives.
Support for other co-operatives: We have a formal partnership agreement with Caja Yanga Credit Union from the state of Veracruz in Mexico. The partnership involves the exchange of knowledge between the two credit unions to foster growth and stability.
Encourage employee participation and education: Servus supports its employees as volunteer in our communities and as they share the credit union philosophy in other parts of the world.
We're looking forward to participating in celebrations throughout Alberta. Visit www.acca.coop to find out how you can be involved.
Learn more about the principles that make cooperatives successful