Member Rewards dividends payout to take place March 25, 2025
The Board of Directors of Access Credit Union announced a $5.7 million return to their members via their Member Rewards profit-sharing program. The Member Rewards program consists of three components: patronage, share redemptions, and dividends and this year the payout breakdown is:
· $4.3 million share redemptions
· $1.4 million dividends
Share redemptions occurred during the year January to December 2024, with the dividend payment being paid on March 25, 2025.
The strategic direction of the Board is focused on paying down all common, preferred, and surplus shares and this aligns with previous merger commitments to legacy credit unions
While our Member Rewards program is an important way to show appreciation to members, it's important to remember that Member Rewards are never guaranteed. They are subject to the Board of Directors annual approval after meeting regulatory and capital requirements of the credit union.
For more information about Access Credit Union’s Member Rewards program, please visit our Member Rewards page. If you have any questions or concerns, please contact our Member Solutions Centre at 1.800.264.2926.