INVESTMENT SHARES
Windsor Family Credit Union Board of Directors
has approved the annual dividends on Series 1, 2, 3 and 4 Investment
Shares and these will be paid out to shareholders on Monday.
April 9, 2007, based on their holdings as of the anniversary
date for each Share.
The annual and bonus dividends to be paid are:
|
Anniversary Date
- Year |
Annual Dividend |
Bonus Dividend |
Total |
Series 1 |
Mar.25 - Yr 10 |
4.25% |
n/a |
4.25% |
Series 2 |
Mar.20 - Yr 7 |
4.25% |
n/a |
4.25% |
Series 3 |
Mar. 19 - Yr 5 |
4.25% |
n/a |
4.25% |
Series 4 |
April 4 ? Yr 1 |
3.75% |
0.25% |
4.00% |
These dividends will be paid in the form of additional
Investment Shares.
Since 1997, with the introduction of our Series 1 Investment Shares,
members have purchased and invested over $17 million Investment
Shares and each year, they have earned the annual dividends. These
Investment Shares and the dividends count as part of our credit
union's regulatory capital. A strong capital base ensures our
credit union continues to expand and offer competitively priced
products and services.
Members holding Investment Shares will be sent a personalized
letter and Share Certificates representing their earned dividends
following the payment date.