Part of the MITEY Network · independent, not a bankFees retrieved November 1, 2026 · lists checked October 30, 2026

Institution profile · Provincial credit union

Servus Credit Union

ActiveServus Credit Union Ltd.Provincial insurer

Servus is an Alberta credit union that merged with connectFirst on May 1, 2024. Its deposits are fully guaranteed by Alberta’s CUDGC.

Profile facts checked October 30, 2026
Mitey the Yeti peeking out from behind the Servus Credit Union index cards
Cheapest everyday account$221 a yearServus Personal Essential Plan
Deposit protectionProvincial insurerProvincial credit union

At a glance

Legal name
Servus Credit Union Ltd.
Type
Provincial credit union
Head office
Edmonton, AB
Founded
1938 — Servus traces its story to September 27, 1938.
Regulator
Credit Union Deposit Guarantee Corporation (Alberta)
Cheapest everyday account
Servus Personal Essential Plan — $221 a year for the Everyday example
Website
servus.ca

Deposit protection

Deposits guaranteed by Alberta’s Credit Union Deposit Guarantee Corporation (100%, no dollar limit). Not CDIC.

Provincial rules: Alberta — 100%.

Servus Credit Union chequing accounts and what they cost

Servus Credit Union lists 6 chequing accounts with FCAC. For our “Everyday” example (25 debit purchases, 6 bills, 5 e-Transfers and a $1,000 low balance a month), the cheapest account open to anyone is Servus Personal Essential Plan at $221 a year. Accounts limited to a group are marked.

Chequing accounts as listed in the FCAC Account Comparison Tool, retrieved November 1, 2026; fees a year for the Everyday example
AccountMonthly fee and waiverIncludedFees a year
Servus Youth PlanYouth (18 and under)No monthly fee60 a month$18
Servus Personal Essential Plan$3.95–$16.95/mo, or $0 with a $4,000 minimum balanceUnlimited$221
Servus Personal Basic Plan$3.95/mo, no balance waiver18 a month$440
Servus 17-25 Be Free PlanYouth (18 and under)No monthly feeUnlimitedn/a
Servus Senior Unlimited PlanSeniorsNo monthly feeUnlimitedn/a
Servus Personal Premium Unlimited Plan$25.00/mo, or $0 with a $5,000 minimum balanceUnlimitedn/a

Facts, with sources

  1. connectFirst and Servus credit unions merged on May 1, 2024.
    Source: servus.ca
  2. Its regulator, the Credit Union Deposit Guarantee Corporation, guarantees member deposits.
    Source: servus.ca
  3. Lists U.S. dollar accounts among its personal banking products.
    Source: servus.ca
Mitey the Yeti, CanadianBanks.ca’s guide, pointing out a tip
Mitey’s note

Your own pattern can change the order. Put your numbers into the true-cost finder to rank Servus Credit Union’s accounts against everyone else’s.

Educational information only, not financial, legal or tax advice. CanadianBanks.ca is independent and is not affiliated with, endorsed by or paid by any institution listed. Confirm details with the institution and the official sources linked on each page before you act. Read the full disclaimer.