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October 27, 2019
5:19 am
Loonie
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October 21, 2013
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Hmm. So you would get dividends on the required 100 shares as well as any additional ones?
I've not run into that variation before.
DUCA pays out some kind of shares according to how much annual business you do with them, and they pay usually 2% on those. You can eventually get the money out after a few years, without ending your membership. It counts as interest for tax purposes in the year doled out, but you can't get at it! HOwever, it's a very small amount of money so doesn't much matter either way.

October 27, 2019
4:19 pm
Briguy
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Loonie said
Hmm. So you would get dividends on the required 100 shares as well as any additional ones?
I've not run into that variation before.
DUCA pays out some kind of shares according to how much annual business you do with them, and they pay usually 2% on those. You can eventually get the money out after a few years, without ending your membership. It counts as interest for tax purposes in the year doled out, but you can't get at it! HOwever, it's a very small amount of money so doesn't much matter either way.  

Yes, they pay that dividend on all shares, this year 3.65%
https://theenergycu.com/dividends-of-3-65-for-cu-shares/

October 30, 2019
11:21 am
julio
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Thank you for the posts. I drove to their new head office at 401&Markham Rd. in Toronto. $50K and over, at their discretion, I got a 3Y@3.40%, non-reg. They are extremely nice and helpful and willing to fit your job in. END.

November 8, 2019
3:43 pm
LeBronBMT
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March 4, 2019
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Same here. Different experience in branch. 80k and I got 3.4%.

November 8, 2019
3:56 pm
gicjunkie
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Thanks to Bud for the original "heads up" on this CU. We also took advantage of the 3 year 3.40% offer. Staff there is very nice. Parking is free for one hour beside the building.

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