Ordinary Shares

An Ordinary Share is a unit of ownership interest in a corporation or financial asset. As a shareholder you are entitled to an equal distribution in any profits that are declared in the form of dividends.

To become a member of Eastern Credit Union you must purchase at least one (1) share valued at $5.00. Members are required to make a minimum share contribution of $250 annually.

  • Dividends are paid on share savings annually.
  • Share savings are covered by insurance.
  • In the event of your death, benefits are transferred to your beneficiary.
  • Shares are covered by insurance for a maximum benefit of $30,000.00.
  • Your shares are your nest egg for the future.
  • Your shares are means of security and are used as collateral for loans in times of need.
  • Your share savings represent a demonstration of thrift – the ability to manage money wisely and profitably.

Want To Increase Your Ordinary Shares?

Please let us know your full name.
Invalid email address.

You must provide a valid email address to complete your application. We ask for your email address so we can send you important communications relating to your application. Please see our Privacy Policy for more details.

Invalid Input
Invalid Input
Invalid Input

0/250

Invalid Input
Invalid Input