Patronage Rewards
We have returned more than $480,000 to members and the community this 2022 alone.
This is the value of banking local, and of keeping your cash close to home! The trust and loyalty of our membership allowed to hit the maximum patronage payout for 2022, and our Board has approved more than $400,000 to be returned to members via Patronage Rewards. Adding our quarterly share dividend payments and our community investments, we have directly given more than $480,000 back to our members and community in 2022.
2021
Over $637,000 given back
2020
Over $243,000 given back
2019
Over $316,000 given back
2018
Over $405,000 given back
What are Patronage Rewards?
Written into the policies of our credit union, every year, we strive to return as much profit to our members as we can. The policy in place is based on our earnings, and so the better we can serve you, the more we can return each year. In last two years, we have been able to return more than a million dollars to the accounts of our members.
Patronage rewards have been paid, and were automatically deposited to all eligible members, as of December 10, 2022
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- ​Patronage Rewards calculated on any non registered deposit accounts will be deposited in your A shares.
- Patronage Rewards calculated on registered accounts (RRSP/RRIF/LIF/TFSA) will be deposited to your registered savings accounts.
- Patronage Rewards calculated on month-end service charges will be on your November statement.
- Further information on eligibility and the calculation is available upon request. 1.250.426.6666.
