EDMONTON, Alberta, March 26, 2026 (GLOBE NEWSWIRE) -- Servus Credit Union Ltd. (Servus) announced today its financial results for the first quarter of fiscal 2026, reporting income before taxes and patronage of $110 million, an increase of over $42 million, or 62 per cent, compared with the same period last year. The significant year-over-year growth reflects strong net interest margin and non-interest income performance.

Additionally, during the quarter, Servus achieved a significant milestone in its wealth business, surpassing $10 billion in wealth assets under management. Total assets under management for Servus overall now stand at $40.2 billion, further reinforcing Servus's position as Canada's largest credit union.

"This quarter marks the first year-over-year comparison since the close of our merger and the momentum we're seeing is tremendous, reflective of a strong balance sheet and core business performance," said Ian Burns, President and CEO of Servus Credit Union. "The growth in our wealth business is also a particular point of ...