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Dividend Payment

July 13, 2021

We are pleased to announce that our members have recently received a  0.2% dividend payment based on the average minimum daily balance on their account during our 2019-20 financial year.  Whilst a credit union does not pay interest on savings, members can  receive dividend payments which are paid from excess funds once we have met all our costs.  A dividend of 0.2% is higher than the very low interest rates currently offered by High St. banks and building societies.

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