Title and statement of responsibility area
Title proper
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Class of material specific details area
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Issuing jurisdiction and denomination (philatelic)
Dates of creation area
Date(s)
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1967-1990 (Creation)
- Creator
- Heritage Savings and Trust Company
Physical description area
Physical description
- 126 cm of textual records
Publisher's series area
Title proper of publisher's series
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Archival description area
Name of creator
Administrative history
Heritage Savings and Trust Company was created by a special act of the Alberta Legislature on May 1, 1967, and after raising 90% of the required capital from the Ukrainian community in Canada, it began operations in 1968. The company reached its operational peak in 1984 with more than 10,000 customers and greater than $170 million of total assets and was licensed in Alberta, BC, Manitoba, and Saskatchewan.
High-interest rates, the National Energy Program, and a global drop in commodity prices in the mid-1980s led to the erosion of real estate values which resulted in the company’s insolvency. On March 13, 1987, the company’s assets and liabilities were transferred to the North West Trust Company.
Custodial history
UCAMA received archives of Heritage Savings and Trust Company from Mr. P. Savaryn on May 7, 1999. Then UCAMA transferred them to BMUFA.
Scope and content
The collection consists of textual records: meeting minutes, financial statements, annual reports, promotion plans, correspondence, handwritten notices of meetings, extensive personal notes by P.Savaryn interpreting and capturing events, newsletters, and one photo of Savaryn’s family. The collection is composed of seven Series.
Notes area
Physical condition
Immediate source of acquisition
Transferred from UCAMA.
Arrangement
The Collection has been arranged by Marko Minenko and consists of seven series:
- Founding Documents. 1965-1966.
- Corporate Minute Book. 1977-1979, 1982.
- Documents for Board Meetings. 1982-1987
- Shareholder Meetings. 1982-1986
- Corporate Promotional Material.
- Post-Collapse. 1987-1990
- President and CEO Records. 1984-1987
Language of material
- English
Script of material
Language and script note
About 5% of materials are in the Ukrainian language.
Location of originals
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Dates of creation, revision and deletion
Arranged 2022-12-09 by Marko Minenko.