For the second year in a row, a 4% dividend will be paid on membership and patronage shares based on share balances as of December 31, 2019. Members will notice a payment in 2020 into their patronage share account.
If your $50 membership share investment isn’t enough for you, why not purchase additional shares up to $1,000 and take advantage of this great investment opportunity? These additional shares allow us to grow together.
Good to Know
A patronage share account is an account the credit union opens on the member’s behalf. It accumulates:
- Patronage distributions
- Dividends paid on the patronage shares
- Dividends paid on membership shares
Members can transfer funds from their patronage share account at any time, but we encourage you to keep your patronage shares to earn possible future dividends.
For more information about the distribution or about membership shares, please call or visit our branch or learn more here.