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Interview with:

Michael Kryworuchko on Class A Shares

UCU 75th Anniversary Class ‘A’ Shares - Long Term Investment Option offered exclusively to UCU Members†

UCU 75th Anniversary Series Class ‘A’ Shares offer UCU Members an exclusive investment opportunity that could pay a higher rate of return than a 5-year Term Deposit.*

UCU Members have the investment option of holding the 75th Anniversary Shares in an RRSP or TFSA and obtain the usual tax advantages associated with those investments. 

Investors may also transfer their current Term Deposits to the 75th Anniversary Shares with no added costs or fees and potentially earn an even higher rate of return on their investment.

Share in UCU’s Financial Success

UCU 75th Anniversary Class ‘A’ Shares are offered exclusively to UCU members for the purpose of adding to its Regulatory Capital to provide for the future growth, development, and stability of the Credit Union. 

This gives UCU members a unique opportunity to invest directly in their Credit Union and share in its financial success.

Mike Kryworuchko - Retired UCU Windsor Branch Manager - endorses UCU 75th Anniversary Class ‘A’ Shares

Mike Kryworuchko is a financial services specialist with over 15 years of experience in the banking industry. Mike recently retired from his position as Branch Manager, UCU Windsor, where he oversaw the day-to-day financial operations of the Branch.

As a long time employee of The Ukrainian Credit Union, Mike has a solid understanding of UCU’s financial operations. He has confidence in UCU’s Management Team and its plans for the future development of the Credit Union. 

Mike fully endorses UCU 75th Anniversary Class ‘A’ Shares as a solid long term investment option for UCU Members

Mike Kryworuchko on why he is endorsing UCU 75th Anniversary Class ‘A’ Shares

Save for Retirement

When I was developing my RRSP portfolio strategy, I was looking for long term investment opportunities that would provide the best possible rates of return. Term Deposits and GICs offered the safest investment option with guaranteed rates, but I was looking for a low- risk investment that would pay an even higher rate. 

Ten years ago, UCU offered special edition 65th Anniversary Shares to its Members with a rate that would potentially pay 1% higher than a 5-year Term Deposit. I bought some 65th Anniversary Shares to add to my RRSP portfolio, and I am pleased with both the Shares’ performance and the steady rate of return on my investment.* 

UCU 75th Anniversary Class ‘A’ Shares currently offer a 4% return, which is higher than any GIC or Term Deposit on the market today. With my purchase of UCU’s 65th Anniversary Shares, I was able to both earn more on my investment and to save more for my retirement.*  

UCU Supports Local Communities

The Ukrainian Credit Union is committed to maintaining a large network of conveniently located Branches in Ontario to better serve its Members. With 16 Branches spanning from Southern to Northern Ontario and points in between, UCU offers a personal banking experience to its Members, and support to many local community organizations and events.

As a Branch Manager at UCU Windsor, I was actively involved in my local community. During my tenure, I was proud to support the many community churches, organizations, and events in the Windsor area. 

UCC Builds a Better Credit Union

My purchase of UCU 65th Anniversary Shares helped the UCU Management Team build a better and stronger Credit Union. This not only benefited me as an investor, it benefited UCU Members and many local Ukrainian communities as well.

More information about UCU 75th Anniversary Series Class ‘A’ Shares can be found on the Class A Share page and on the Class A Share FAQ.

To purchase UCU 75th Anniversary Series Class ‘A’ Series Shares contact your local branch.

Disclaimers

* 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 your local branch.