Profit Sharing

How it works:
The more business you have with Edson Credit Union, the more profit you share in.

As an example; let’s say you have the following products and carry monthly average balances with ECU for one year:

Pay As You Go Chequing balance: $1,000
Plan 24 Savings balance: $5,000
RRSP balance: $50,000
Personal Loan balance: $35,000
Residential Mortgage balance: $200,000
Common Shares balance $3,500

You would receive over $550 in Dividends and Patronage based upon past performance.

Common Shares Dividend
the dividend rate declared on Common Shares was 5.00% for our fiscal year ending October 2008. Dividends are calculated on the average monthly balance of your Common Share account less the required minimum balance of $25.00.