Class A Shares


Investing in Class A Investment Shares strengthens your credit union for the future, provides diversified financial solutions for you, our member and strengthens the local communities we call home.

Investment Shares create a win/win situation for both you and the credit union. For you, they represent an exclusive investment offering a premium floating rate of return, and a chance to invest in your credit union. For Your Neighbourhood Credit Union, they provide an opportunity to increase our capital base, which is a vital funding source for future growth, development and stability.

That's why everyone wins when we grow together with the strength of YNCU Investment Shares.

Benefits

  • Presents the potential to earn an excellent return, giving members another channel to build personal financial success and inspire financial well-being.
  • Helps the credit union fulfill its vision of growing a financially sustainable organization in the communities it serves.
  • Is an ideal option for members who want to diversify investment portfolios and who are looking for potential to earn an excellent return.
  • Allows you to invest in a variety of investment vehicles from Non-Registered, Registered (RRSP) and Tax-Free Savings Accounts.
  • If you have a long-term investment horizon where access to your funds isn't a primary concern, this is the investment for you. This offer is exclusive to YNCU and Community First members and a great option for a growing investment portfolio.
For information on eligibility, frequently asked questions, and more benefits, click here to check out our brochure.

NOTICE TO CLASS A SHAREHOLDERS

2017 Dividend Declared by Board of Directors

At the meeting held on January 23rd, 2018, the Board of Directors declared a dividend of 2.50% be paid to registered Class A (Series 1 and 2) investment shareholders. This dividend was paid on January 25th, 2018 in the form of additional Class A (Series 1 and 2) shares.  The dividend payment appears in your Class A account on online banking and in your statement for the period ended January 31st, 2018.


Dividend Rate History Expand/Collapse


Dividend Rate % Paid
2017 2.50%
2016 2.00%
2015 2.00%
2014 2.50%
2013 3.00%
2012 2.37%
2011 2.28%
2010 3.45%
2009 3.00%
2008 3.00%
2007 5.00%
2006 5.00%
2005 5.00%
 

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  • Brochure (PDF - 1.42 MB)

    Class A Shares, Series 2018 brochure: Information on eligibility, frequently asked questions, and more benefits.
  • FAQs (PDF - 182.57 KB)

    Answers to frequently asked questions about the new Class A Shares, Series 2018.
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