Change to Membership Share Requirement

Dear Members,

 You may have noticed a change to your Share Accounts and to your Surplus Share Accounts.  At our Annual General Meeting in April we passed a resolution to change the number of shares required to be a member from ten $5 shares to one $5 share.   As a result the excess share amount of $45 (nine $5 shares) has been credited to your Surplus Share Account.

 As a community-based, member-owned organization, we want to ensure that the share purchase requirement is not cost prohibitive to any potential new members.  All new members will now only be required to purchase one $5 share.

 Thank you for being members of Community Credit Union!


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