Voting Shares represent equity in your Credit Union and form part of your own personal wealth. These funds are yours, they appear on your regular statement, and are refundable upon ownership cancellation.

Credit Union owners are both customer and shareholder. As a customer, you receive the services you want and as a shareholder you enjoy a competitive dividend return on your $100 investment, value costs for premium services, and local control of your own financial institution.

There is a voluntary Board of Directors that you elect at the Annual General Meeting, as well as voluntary audit and credit committees.

Open and Voluntary Ownership

• Open to any employee or retiree of a Newfoundland operated company within the Fortis Group, and to their family members.
• $100.00 (20 Shares) maintained in Share account.
• All owners are equal in share requirement.
• Shares are refundable upon ownership cancellation.
• Shares are subject to dividends which may be declared based on credit union earnings, as decided by Board of Directors. 

Democratic Control

• One owner, one vote at Annual General Meeting.
• Cooperative full-service financial institution owned and operated by owners.

Service to Owners

• Personal service and attention provided by trained, knowledgeable and professional employees.
• Extended hours.
• TeleService^TM, online banking through MemberDirect^TM and ATM access available for owner convenience.
• Ample parking and easy access.

Social Responsibility

• Ethical standards and responsible actions on human issues, social justice and environmental concerns.