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May. 18, 2012 
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Home  >  Investments   >  Investment Shares
Investment Shares

Investment Share Dividend Declared

The ECU Board of Directors has declared that a dividend be paid on it's Class B Investment Shares as follows:

For Series 97 and 03, a dividend of 3.78% for the period October 1, 2010 to September 30, 2011.

For Series 10, a dividend of 3.72% for the period March 29, 2011 to September 30, 2011.

All dividends are in the form of additional shares and paid effective September 30, 2011.

 

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.

 

Class B Investment Shares Performance

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
5.00
5.75
5.60
5.59
6.59
Oct 01
Oct 02
Oct 03
Oct 04
Oct 05
5.55
4.95
5.11
4.55
4.55
Oct 06
Sep 07
Sep 08
Sep 09
Sep 10
5.05
5.51
5.55
4.69
4.55
Sep 11
3.78

 

Average Rate 5.15%


Series 03 Performance

Oct 03
Oct 04
Oct 05
Oct 06
Sep 07
Sep 08
Sep 09
Sep 10
4.55
4.55
4.55
5.05
5.51
5.55
4.69
4.55
Sep 11
3.78

 

Average Rate 4.75%


Series 10 Performance

Sept 11
3.72

 


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