Class ‘D’ Equity Shares

Invest In You, Invest in your Credit Union.

Class ‘D’ Equity Shares* provide an opportunity for members to invest in their locally owned cooperative financial institution, right here on the Sunshine Coast. These investment shares have traditionally paid a higher rate of return than prevailing deposit rates.

RRSP Eligible

Your Class ‘D’ Voluntary Equity Shares* qualify as an RRSP investment. This means you invest in two ways – in the future of your credit union and your own financial future.

Availability

Applications will be accepted on a first come first serve basis until all shares have been subscribed for.

 
Investment Limits.

Minimum of $500: Maximum: 5000: ($100 INCREMENTS)

 
Redemption Policies

The redemption of Class ‘D’ Voluntary Equity Shares* will be limited to 10% of the Credit Union’s total issued and outstanding shares at the previous year end.

 
Eligible Purchasers

All individual members over the age of 18 may make an application to purchase Class ‘D’ Voluntary Equity Shares*.

 
Insurance

Class ‘D’ Equity Shares* are not insured by the Credit Union Deposit Insurance Corporation of British Columbia.

 

Contact us to see if Equity Shares are right for your investment needs Today!

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Call:

604.740.2662 Local People - ready to help
604.989.5609 Mobile Advisor - we'll come to help you 

Visit:

Branches in Gibsons, Sechelt & Pender Harbour

*All conditions of issue and redemption are subject to the rules of Sunshine Coast Credit Union and applicable legislation.

 

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