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Special Shares

Special Shares were established to increase the reserve holdings of Eastern Credit Union and to establish a strong capital base as well as to minimize risk to Members.

In addition to Ordinary Shares all new members must purchase four (4) Special Shares valued at $25.00 each. When opening an account one must contribute $100.00 to Special Shares Account. Minors under 14 years of age are not required to purchase Special Shares.