The minimum first investment for Class ‘D’ Equity Shares is $500 and you can invest up to a maximum of $5,000 in $100 increments from then on.

Any personal member over the age of 18 can buy Class ‘D’ Equity Shares.

Investment Limits 

• Minimum of $500; Maximum: 5000: ($100 INCREMENTS)

Benefits to Member

• Allow members to participate in the credit union's profitability. 
• Have higher rate of return then conventional savings.
• Qualify as an RRSP investment.

Dividend Policies 

• The Board of Directors will make every effort to pay a dividend each January pursuant to the Boards Dividend Policy.
• Class 'D' Voluntary Equity Share dividends are taxable as interest income.
• Directors may, at their discretion, change the dividend policy

Redemption Policies 

• The redemption of Class 'D' Voluntary Equity Shares will be limited to 10% of the Credit Union's total issued and outstanding shares at the previous year end.
• This is a requirement for primary capital as stated in the Financial Institutions Act.
• The share certificate must be returned to the credit union for redemption.

Availability 

• Applications will be accepted on a first come, first serve basis until all shares have been subscribed for.

Eligible Purchasers

• All individual members over the age of 18 may make an application to purchase Class ‘D’ Voluntary Equity Shares.

Method of Application 

• Applications may be made for the purchase of Class 'D' Voluntary Equity Shares in person, in writing or over the phone.

Insurance 

• Class 'D' Voluntary Equity Shares are not insured by the Credit Union Deposit Insurance Corporation of British Columbia

All conditions of issue and redemption are subject to the rules of Sunshine Coast Credit Union and applicable legislation