Equity Shares

Equity Shares

Equity Shares represent equity in your Credit Union and form part of your own personal wealth. These funds are yours, they appear on your regular statement, and are refundable upon membership cancellation.

Credit Union members are both customers and shareholders. As a customer, you receive the services you want and as a shareholder you enjoy a competitive dividend return on your $5 investment, nominal costs for premium services, and local control of your own financial institution.

There is a voluntary Board of Directors that you elect at the Annual General Meeting.

Open and Voluntary Ownership

  • $5 maintained in a Share account.
  • All members are equal in share requirement.
  • Shares are refundable upon membership cancellation.
  • Shares are subject to dividends which may be declared based on credit union earnings, as decided by Board of Directors. 

Democratic Control

  • Each member is granted one vote at Annual General Meeting.
  • The cooperative financial institution is owned and operated by its members.

Service to Members

  • Personal service and attention provided by trained, knowledgeable and professional employees.
  • TeleService telephone banking, MEMBERDIRECT® online banking, Mobile Text and Mobile Web, and ATM access available for member accessibility and convenience.
  • 6 branch locations.
  • Ample parking and easy access to all locations.

Social Responsibility

  • Ethical standards and responsible actions on human issues, social justice and environmental concerns


MEMBERDIRECT & Design® are registered trademarks of Credit Union Central of Canada and are used under licence.