Sometimes life gets very busy and some things can slip our mind. The hectic pace of daily life can mean that some things can get overlooked unintentionally. If you were one of the few members who didn’t get a chance to increase your Capital Shares to the required $100.00 by April 4th , we’ve got you covered. We transferred available funds in your account to cover the share requirement. This way you don’t miss out on all the benefits that being a member in good standing affords you. In a few instances a small number of accounts may have come up a little short of the $100 Capital Shares. Those few members can expect a call in the coming weeks to make sure that the accounts are brought into good standing.
You also may have noticed some transactions on your account, for the majority of you, the transaction in question was the deposit of your dividend! At this year’s Annual General Meeting the Board of Directors announced that there would be a dividend of 3.65% paid on all Energy CU shares. This includes the $100 Capital Shares you hold as well as the $1000 Additional Shares that a lot of you have purchased. For a small group of you it was a transfer to meet your CU share requirement. If you have any questions please give us a call for a full explanation of any transaction on your account or if you would like some more information about our $1000 Additional shares that paid our members a dividend of 3.65% this year. You can make regular payments to the Additional Shares or one convenient purchase. This Additional Shares purchase acts exactly like your Capital Shares and some more info can be found here if you are interested. Please give our offices a call at 416-238-5606 with any questions you may have.
