For 2017: Class “B” Share Dividend Distribution
As we come up to the second anniversary of the Class B Share Investment Offering, you may have some questions regarding the declaration and payment of dividends.
For the fiscal year 2017, the dividend is based on our performance as a Credit Union throughout the year and is determined by the Board of Directors upon the completion of the audited financial statements. Subject to satisfactory financial performance, the dividend will be declared by the Board of Directors on February 28th and will be paid on March 1, 2018. This payment will be made based on Member Class “B” share balances as of December 31, 2017.
Additional information on Class B Shares is contained in the Offering Statement that was made available to all Members participating in the offering.
For more information, please do not hesitate to contact your branch or call 1.866.900.3822.