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Home arrow FAQ's arrow Frequently Asked Questions arrow Do I receive interest on my savings?

Do I receive interest on my savings? PDF Print E-mail
Your savings buy shares in the Credit Union. Once running costs have been met, the remaining surplus is paid to members in the form of a dividend. The dividend fund is paid out in accordance with the number of your shares and the time you have held them, just like a loyalty bonus. By law, the maximum bonus paid is 8% gross per year.
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