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What is an annual dividend & when do you get it?

At our credit union, we love giving back to YOU, our members! One way we do this is with the annual dividend. Here’s a simple guide to what it is and how it works. What’s an annual dividend?. It’s mo…

Serve and Protect Credit Union
Updated by Serve and Protect Credit Union

At our credit union, we love giving back to YOU, our members! One way we do this is with the annual dividend. Here’s a simple guide to what it is and how it works.

What’s an annual dividend?

It’s money we give back to you! Instead of giving profits to big companies (like banks do), we share them with our members. The more money we make, the more we can give back!

When do you get it?

You’ll get your share right after our annual general meeting (usually in December). Members vote on how much we’ll give, and then we send it straight to your account.

How much will you get?

The more money you have in your account with us over the year (October to September), the more you'll get! We use the same percentage for everyone, so it's fair. We figure it all out for you and put it right into your account. You don't have to do a thing – just wait for your reward!

Thanks for being part of our credit union and helping us grow. We’re glad to grow with you!

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What happens to my savings if I leave my job?

Can I add more money to my savings?

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