2014 Interest Rebates

The Board of directors declared Dividends, Bonus interest and Loan interest rebates for 2014 fiscal year as follows:

Dividends                                                                   5%
Bonus Interest including RRSP’s and RRIF’s                 5%
Loan Interest Rebate                                                   3%

The Dividend is calculated on the minimum monthly balance in the Share Capital Account

The Bonus interest is calculated as a percentage of interest received ie. If you received $100 in interest in 2014 we would pay 5% of the $100= $5.00

The Loan interest Rebate is calculated as a percentage of interest paid ie. If you paid $100 in loan interest in 2014 we would pay 3% of the $100= $3.00

Dividends and Interest Rebates were posted to members accounts on Thursday February 19,2015.

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