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Ordinary Shares at ECU
Your Path to Financial Security Starts with Ordinary Shares
Eastern Credit Union invites you to become part of our thriving financial community through ordinary shares. Ordinary Shares represent more than ownership in ECU, they are a meaningful investment in your long-term financial future and overall well-being.
By becoming a shareholder, you gain access to a range of valuable benefits, including annual dividends and insurance coverage, all designed to support and strengthen your financial position. Ordinary Shares can serve as a cornerstone of your savings strategy, helping you build stability, grow your wealth, and secure your future with confidence.
Ordinary Shares Overview:
- Ownership and Profits: As a shareholder, enjoy equal rights to profits, distributed as dividends.
- Membership Entry: Purchase a minimum of one (1) share at $5.00 to join the ECU family.
- Annual Contribution: Members are encouraged to contribute a minimum of $500.00 annually to their share savings.
- Dividend Payments: Earn dividends on your share savings annually, enhancing your investment over time.
- Insurance Coverage: Shares come with insurance coverage, offering peace of mind with a maximum benefit of $30,000.00.
- Beneficiary Benefits: In the event of your passing, your shares and their benefits are transferred to your designated beneficiary.
- Loan Security: Use your shares as collateral for loans, providing security when you need financial support.
- Thrift and Security: Your share savings demonstrate wise money management and contribute to your long-term financial security.
Want To Increase Your Ordinary Shares?
Engage in a Thriving Financial Community: Becoming more involved with Eastern Credit Union by increasing your Ordinary Shares means investing in a cooperative that values your financial growth and stability. It’s an opportunity to deepen your connection with a community that supports mutual financial success and resilience.
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