About Us

We are actually about you.

From our purpose to our Responsible Banking™ philosophy, you can feel good about where you bank

About Us

A young couple standing beside a large compass

              Tell Me More About Responsible Banking

                                            In the simplest terms, it's doing the right thing. Here is what you can expect from us as your credit union.


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Ethical Practices

Acting in your and your community's best interest.

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Transparency

Ensuring clear communications. There are no hidden fees.

Community Impact

Reducing poverty, enhancing health, and promoting education.


Young woman leaning on large phone with Debit Mastercard card

Responsible Banking: No-Fee Bank Accounts

When we introduced our No- Fee Bank Account, we automatically switched 23,000 members to it, so they could start saving more right away.

 

It's simply the right thing to do.



                                           Who are we?

Innovation Federal Credit Union is one of the largest credit unions in Saskatchewan with approximately 500 amazing employees and more than $4.93 billion in managed assets. Our purpose is to simplify banking for Canadians! 

We serve 65,000+ outstanding members across 26 advice centre locations and offer in-person service in both Regina and Saskatoon.

As a member-owned cooperative, we use our profits to make life better for you, our communities, and our world.

  • We offer free banking solutions to save you money.

  • We provide quarterly returns to our members.

  • We reinvest 2 - 4% of pre-tax profits back into the communities we serve.  Since 2007, we've donated $10.4 million to our communities.

It's all part of our Responsible Banking™ philosophy!

With the overwhelming support of our membership, we're excited to be one of the first credit unions in Canada to be a Federal Credit Union under the Bank Act.



A man sitting with his phone with large stacks of cash behind him

Responsible Banking: Member Rewards

With our Member Rewards program, you save on fees, earn cash, and help us give back to your community. You deserve a share in our profits.

 

It's simply the right thing to do.



Our Commitments


Market Code

See our market practice standards and how we follow them.




Headset

Responsible Banking: Staff Empowerment

When we faced a declining membership in smaller rural communities, we chose to keep advice centres open and empower staff. They learned new, innovative ways to help you like being in a part of our call centre queue.

 

It's simply the right thing to do.



Green Initiatives

Eco-Friendly Solutions

Discover banking solutions to support your environmental sustainability goals:

  • for home renovations,
  • for Zero-emission vehicles, and
  • for responsible investing.

Investing for Global Good

We invest in the WaterCredit Investment Fund. The fund’s investments support:

  • safe water and sanitation,
  • economic opportunity, and
  • gender equality.

Renewable Energy

We invest in the SES Solar Co-operative, a renewable energy co-operative. Solar panels: 

  • lower electricity bills,
  • increase property value, and
  • reduce carbon emissions.