UCU Special Class “A” Shares†
Investment shares are another form of capital a credit union can utilize. Membership shares, retained earnings and Class A Shares from four share issues (So-use 1999 Series, 65th Anniversary Series, 2010 Series, 75th Anniversary Series) are the types of capital UCU has on its balance sheet. For members, it is another type of investment offered by the credit union, for a limited time only. UCU has offered Class A Shares at various times in the past to supplement our existing forms of capital to provide for future growth, development and stability, while maintaining a prudent cushion in the amount of capital above regulatory requirements..*
Read more on the Class A Share FAQ page.
To inquire about Class A Shares, please call:
Special Accounts Officer
* Dividends are not guaranteed, and are entirely at the discretion of the Board of Directors of the Credit Union. Past payment of dividends in no way indicates the likelihood or rate of future dividend payments. Annualized dividend rate, declared and paid on a quarterly basis. Investment shares are not deposit insured.
† This is not an offering statement. Class A Investment Shares are only available by offering statement. Any purchaser of the Class A Investment Shares is required to obtain and review an offering statement before purchasing the shares. To obtain an offering statement, contact Marika Dmytriak, (fax) 416-762-9404 x126, toll free: 1-800-461-0777 x126.
- Wealth Strategies Group
- Class A Shares