|
Common Share To become a member of
Strathclair Credit Union, each individual acquires a $5 common share. These common
shares represent members' ownership of the credit union, and each holder of at
least one common share is entitled to one vote at any and all membership meetings.
Dividends can be declared annually on these common shares. Common Share
investments are deemed to be risk capital and, as such, do not come under the
guarantee of the Credit Union Deposit Guarantee Corporation. Common Shares
are owned by the individual member(s) and are fully redeemable at the time a Membership
Account is closed.
|