2017 Dividend Declaration
3% Dividend on all Classes of Shares!
The PACE Credit Union Board of Directors are pleased to announce dividends of 3% on Membership Shares plus Class A and B Investment Shares.
“Once again we’ve had a successful year and that certainly shows by what we can return to our members. We’re very proud of our dividend history and glad we can reward our loyal membership, especially those who purchased our Investment Share product” commented PACE CEO Phillip Smith.
PACE Class A and B Investment Shares will be credited with their dividend payment on April 4th, 2017.
In addition, and for a fourth year in a row, a 3% Membership Share dividend will be paid to those who opened their account prior to December 31, 2016. A reminder that members are welcome to add to their $175 minimum in their Membership Share account to take advantage of strong historical dividends - to a maximum of $1,175.
All members are required to have a minimum $175
Building equity in your Credit Union is good for you….and us! By simply leaving your Membership Share Dividend in your Dividend Savings Account we’ll transfer it automatically on May 31, 2017 to your Membership Share. That way you won’t miss out on the compounding of dividends in future years. And your Credit Union benefits from having higher levels of regulatory capital. It’s a win win!