Voting Share
Voting Shares represent equity in your Credit Union and form part of your own personal wealth. These funds are yours; they appear on your regular statement, and are refundable upon membership cancellation.
As an NLCU member you are both customer and shareholder. As a customer, you receive the services you want and as a shareholder you enjoy a competitive dividend return on your $100 investment, value costs for premium services, and local control of your own financial institution.
There is a voluntary Board of Directors that you elect at the Annual General Meeting.
[Open and Voluntary Membership]
• Open to any resident, organization, or corporation of Canada.
• $100.00 (20 Shares) maintained in Share account.
• All members are equal in share requirement.
• Shares are refundable upon membership cancellation.
• Shares are subject to dividends which may be declared based on credit union earnings, as decided by Board of Directors.
DEMOCRATIC CONTROL
• One member, one vote at Annual General Meeting.
• Co-operative financial institution owned and operated by members.
SERVICE TO MEMBERS
• Personal service and attention provided by trained, knowledgeable and professional employees.
• Wealth Management Advisors available 7 days a week and outside of normal business hours to visit you at your home or office.
• Mobile banking, online banking, and ATM access available for member convenience, along with Teleservice and Automated Teleservice.
• 12 locations province-wide.
• Ample parking and easy access to all locations.
SOCIAL RESPONSIBILITY
Ethical standards and responsible actions on human issues, social justice and environmental concerns.
As an NLCU member you are both customer and shareholder. As a customer, you receive the services you want and as a shareholder you enjoy a competitive dividend return on your $100 investment, value costs for premium services, and local control of your own financial institution.
There is a voluntary Board of Directors that you elect at the Annual General Meeting.
[Open and Voluntary Membership]
• Open to any resident, organization, or corporation of Canada.
• $100.00 (20 Shares) maintained in Share account.
• All members are equal in share requirement.
• Shares are refundable upon membership cancellation.
• Shares are subject to dividends which may be declared based on credit union earnings, as decided by Board of Directors.
DEMOCRATIC CONTROL
• One member, one vote at Annual General Meeting.
• Co-operative financial institution owned and operated by members.
SERVICE TO MEMBERS
• Personal service and attention provided by trained, knowledgeable and professional employees.
• Wealth Management Advisors available 7 days a week and outside of normal business hours to visit you at your home or office.
• Mobile banking, online banking, and ATM access available for member convenience, along with Teleservice and Automated Teleservice.
• 12 locations province-wide.
• Ample parking and easy access to all locations.
SOCIAL RESPONSIBILITY
Ethical standards and responsible actions on human issues, social justice and environmental concerns.
