Home Credit union Layoffs confirmed at Servus Credit Union as company enters ‘transition’

Layoffs confirmed at Servus Credit Union as company enters ‘transition’


Layoffs have been reported at the Servus Credit Union head office in Edmonton.

The company told Global News on Tuesday that it was “undergoing a transformation, which we discussed in our last quarterly financial results release.”

In a statement shared on YouTube, Chief Transformation Officer Michelle Belland said, “Personnel changes are often necessary to realize an organization’s full potential.

“A few people in various areas of our organization are leaving us. We are very grateful for their contributions,” Belland said.

Servus Credit Union said 180 employees were affected by the layoffs, but did not say where.

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Servus Credit Union is a member-owned bank based in Edmonton. It is Alberta’s largest credit union.

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