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Vision Credit Union members overjoyed with $9.3 million profit share
Jan 03, 2017
The Board of Directors of Vision Credit Union Ltd., which caters to the full-service financial needs of roughly 23,900 members from 16 east-central and northern Alberta branches, has announced yet another amazing sharing of their profits. Twenty-five per cent of interest paid in the past year by members was reimbursed, and a bonus of 25% of total interest earned was paid, via an allocation to members’ common share accounts on December 1.
This impressive sharing of profit matches the allocation to Vision Credit Union members’ common share accounts in 2015.
This bonus to members caps off an impressive year for Vision Credit Union Ltd.:
which earned 1.51% return on assets for 2016,
was named Credit Union of the Year by Alberta Central Credit Union,
and earned the status of a top 70 employer in Alberta by MediaCorp.
The head office of Vision Credit Union is based in Camrose, Alberta.