Home   
Jan. 06, 2009 
  Personal Accounts
  Personal Loans
  Mortgages
  Investment Products
  Mutual Funds
  Stocks and Bonds
  Discount Brokerage
  GICs
  Investment Shares
  CU Bond
  Segregated Funds
  Deposit Insurance
  Registered Plans
  Insurance
  Travel Services
  Tax/Accounting Services
  Legal Services
  Other Services
  Kids & Teens
Home  >  Investments   >  Investment Shares
Investment Shares

Class B Investment Shares


Both in 1997 and 2003, the Education Credit Union provided an exclusive investment offer, giving members the opportunity to purchase Class B Investment Shares.

Class B Investment shares offer the potential to realize an excellent rate of return, while helping the credit union meet capital and surplus requirements established by legislation.

On occasion, an investor has a need to redeem his/her shares at which time, the shares can be transferred to another member. There are no fees and Investment Shares are RRSP eligible. If you are interested in taking advantage of this investment offer, we would be happy to contact you should the chance arise. Simply inform your branch and we will add your name to our waiting list. Please note the minimum investment is $1,000.

An annual dividend is declared by the Credit Union Board of Directors, based upon the financial performance and regulations. See below to view the performance on both series to date. Dividends are not guaranteed.

Series 97 Performance

Sep 97
Oct 97
Oct 98
Oct 99
Oct 00
Oct 01
Oct 02
Oct 03
Oct 04
Oct 05
Oct 06
Sep 07
5.00
5.75
5.60
5.59
6.59
5.55
4.95
5.11
4.55
4.55
5.05
5.51

Average Rate 5.32%


Series 03 Performance

Oct 03
Oct 04
Oct 05
Oct 06
Sep 07
4.55
4.55
4.55
5.05
5.51


Average Rate 4.84%

  Contact Us
Member Services
Education Centre
519-742-3500
TechTown
519-772-3050
Click to email Member Services