employer cover photo
employer logo
employer logo

Servus Credit Union

Engaged Employer

Staff need to be appreciated - Anonymous employee Servus Credit Union Employee Review

2.0
Sep 8, 2022
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Competitive compensation and benefit plan. Good coworkers for the most part. Many care and want the best for the members.

Cons

Company making big changes, don't value knowledgeable, hard working long time staff. Seems like they want to hire new so they don't have to pay higher salaries or retirement benefits for large group that was getting close to retirement. Layoffs left many new staff with no one senior to learn from. Layoff day was not handled well. Staff on leaves were let go upon their return. Leaves other staff afraid to take a leave if they ever need to. Stressful environment, always want more and no reward for efforts. They have lost sight of what once made them great in their effort to be like the big banks. Very unfortunate.

avatar
Servus Credit Union Response
3y
Thank you for your review. We're sorry to hear that you feel as though the changes are not having a positive effect on Servus Credit Union. While it is true that we said goodbye to a number of employees, we did so in a fair and thoughtful manner as we sincerely believed that we needed to better prepare the credit union for the changing realities of our industry. We needed to quickly gain new knowledge and skills so that we can continue to succeed in the new world of banking and continue to bring the credit union model of banking to our members and all Albertans. We continue to value the long term employees and at the same time felt it was important to bring in new employees with new, innovative ideas. These decisions were not made lightly however we felt they were critical to our continued success and ultimately to our member-owners. We remain deeply committed to our Noble Purpose of Reimagining Member's Financial Fitness and believe that the changes we are making to our teams, to our technology and to our delivery channels will allow us to continue to live this purpose for years to come.

Explore other reviews about Servus Credit Union

5.0
Jan 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Very good management they really appreciate your work

Cons

Sometimes can get overwhelming with the targets

1.0
Sep 20, 2022
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Prior to the new CEO coming on board, Servus was an amazing organization to work for. The focus was on employees. Employees who are engaged and appreciated = Happy Members. That is not the case anymore.

Cons

The employees of Servus have been told from the new CEO that Servus employees had it too good before under the previous Leadership. Even though Servus made record profits during a pandemic under previous leadership, employees felt valued and engagement scores were 83%, the new CEO feels as though his vision of a high performing culture , with faster growth who is easy to do business with is a better business model. Employees no longer feel valued, heard or appreciated. They are required to work more with less, and efficiency and service level has gone drastically down hill.

8
avatar
Servus Credit Union Response
3y
Thank you for your review. We're sorry to hear that you feel as though the changes are not having a positive effect on Servus Credit Union. While it is true that we said goodbye to several employees, we did so very thoughtfully, as we sincerely believe we need to quickly gain current knowledge and skills so that we can continue to succeed in the new world of banking. This decision was not made lightly, however we felt it was critical to our continued success and ultimately to our member-owners. We remain deeply committed to our Noble Purpose of Reimagining Member's Financial Fitness and believe that the changes we are making to our teams, to our technology and to our delivery channels will allow us to continue to live this purpose for years to come.
See reviews by: Helpful|Rating|Date|All