Moya Financial Announces a $225,000 Patronage Distribution
July 23, 2018
Moya Financial announced a $225,000 patronage distribution in the form of patronage shares to our members at our recent AGM. The distribution will be shared equally among Moya Financial’s borrowers and savers. The distribution will be based on the amount of income earned and paid for 2017, with a minimum distribution of $1. Members will see the amount deposited in their new patronage share account in the coming days. Your Board of Directors will be announcing a patronage share dividend later this year.
Increase Your Shares & Earn Dividends
Did you know that members may hold additional membership shares up to a maximum value of $1,000?
Membership shares belong to you, the member. Although membership shares are not covered by deposit insurance, they help keep our credit union’s capital position strong. We encourage you to increase your share amount and take advantage of dividends. We are proud of the credit union’s unique cooperative structure and to be able to share a portion of our annual profits with members.
For more information about the distribution and member shares, please call or visit our branch.