by
Tricia Zinkowski | Jul 31, 2026
SASKATOON, SK — July 31, 2026 - Affinity Credit Union is proud to announce that Morningstar DBRS, a leading independent credit rating agency, has once again reaffirmed our R-1 (low) stable trend rating, which is an excellent indicator of our credit union’s financial strength and stability.
What this means for Affinity
- R-1 (low) is a solid investment-grade rating, signaling to investors and members that Affinity is a safe and reliable financial institution.
- The stable trend means our credit rating is solid and unlikely to change in the near future.
- We’re also recognized as a Provincially Systemically Important Financial Institution (P-SIFI), highlighting our importance to Saskatchewan’s financial system.
How Affinity earned this rating
Morningstar DBRS highlighted several key strengths that contributed to this rating:
- A strong market presence and position, particularly in Saskatoon. We continue to grow our membership by successfully attracting younger members, helping position us for the future.
- Strong financial performance, supported by good levels of revenue growth and strong balance sheet positions, with net income increasing 52.8% and our operating efficiency improving from 73.8% in 2024 to 63%.
- Prudent lending and strong asset quality, with our loan portfolio remaining resilient despite economic uncertainty.
Our social impact matters
Morningstar DBRS recognized Affinity's member-focused, community banking model as a positive factor. The rating agency noted that the social impact of serving members and communities helps strengthen Affinity's reputation and market position across Saskatchewan.
A testament to teamwork
This rating is a reflection of the people behind Affinity. Through their dedication and collective efforts, we're strengthening our organization and delivering positive impact for employees, members, communities and our province.
For a full report of Morningstar DBRS’ rating of Affinity, visit Morningstar DBRS Confirms Credit Ratings on Affinity Credit Union at R-1 (low) With Stable Trends | Morningstar DBRS
About Affinity Credit Union
Affinity Credit Union is a values-based, co-operative financial institution and 100% member-owned. With more than $11.7 billion in managed assets and more than 145,500 members, it has the branch network in Saskatchewan with 50 advice centres in 41 communities, including Saskatoon and Regina. Affinity employs a professional workforce of over 865 individuals and seeks to live its purpose of connecting people and communities to financial possibilities.
As a Saskatchewan-born financial co-operative, Affinity's advisors understand members’ local needs, believe people come before profits and are dedicated to offering great products, competitive rates and genuine, professional advice. By choosing to bank with Affinity, members make it possible for profits to be reinvested in vibrant local communities. Affinity also supports non-profit organizations, local programs, initiatives and events that improve lives, strengthen communities and genuinely make a difference.
Contact:
Tricia Zinkowski
Communications Manager
306.385.4623 or 306.229.7686
tricia.zinkowski@affinitycu.ca