1963
Founded above a grain elevator
Twelve farmers in Yorkton pooled $720 to start a co-op credit society after the local bank declined them all.
About us · Est. 1963
Twelve farmers, $720, and a refused loan.
That’s how Prairie Heritage started. Sixty-three years on, we still do exactly what the founders intended: bank with people who couldn’t get banked any other way.
— Sixty-three years —
1971
First branch building, Regina
Member-owned chartered. 800 members, $4M in assets.
1986
Expanded into Alberta
Three Alberta credit unions amalgamated into Prairie Heritage. 14,000 members.
1998
Crossed into Manitoba
Brandon and Winnipeg branches added. First fully-online member statements introduced.
2007
First $100M patronage milestone
Cumulative profits returned to members crossed $100M since founding.
2018
Mobile member app launched
Same banking, smaller phone. Built in-house with feedback from 1,200 members.
2024
$2B in assets
Crossed $2B in member assets, still owned 100% by members. No outside shareholders.
2026
63 years, 41,000 members
Still member-owned. Still prairie. Still saying our members’ names when we answer the phone.
— Our four values —
01
Member ownership
Every member holds a $5 share with one vote, regardless of deposit size. The director who decides what we sponsor was elected by you.
02
Profits back to members
After operating costs and reserves, what’s left is returned as patronage. We don’t pay external shareholders, because we don’t have any.
03
Local decision-making
Loan, mortgage, and sponsorship decisions are made at the branch level — by the people who shop at the same grocery store you do.
04
Provincial regulation
We’re regulated by SK / AB / MB, not the federal OSFI. That gives us flexibility on stress-test rules and qualification — flexibility we use to approve more members.
— Board of directors · 2025-26 —
Six members, elected by members.
HF
Helena Funk
Chair
Cattle producer, Yorkton SK · Director since 2015
DB
Daniel Beaudoin
Vice-chair
Ag-equipment dealer, Red Deer AB · Director since 2018
MT
Maria Tabor
Treasurer
Retired CFO, Saskatoon SK · Director since 2019
BM
Brendan Mackay
Director
Independent contractor, Brandon MB · Director since 2021
AP
Aishwarya Patel
Director
Small-business owner, Edmonton AB · Director since 2022
TW
Tom Whitebear
Director
Indigenous community advisor, Prince Albert SK · Director since 2023
