Equity Shares

Invest in your Credit Union

Equity shares provide an opportunity for members to invest directly in North Peace Savings & Credit Union.

Investment Shares

Investment Equity Shares provide members with a higher yield on their investment, earning a premium rate of return that is targeted to outperform traditional term deposits. They provide an opportunity for members to invest directly in the credit union’s future.

Investment Equity Shares have a consistent history of competitive dividend returns and are backed by the financial stability of the credit union. They provide a secure, low-risk investment option as part of a diversified portfolio and are ideal for clients who:

  • Have a long-term investment horizon
  • Are seeking higher returns in a safe investment alternative that is not subject to market volatility

You can purchase Investment Equity Shares at any time to a maximum of $6,000 (Combined between Class A equity Shares and Investment shares).


Investment Equity Shares

Dividends Dividends are declared at the discretion of the Board of Directors and paid annually. Payment of dividends is not guaranteed, nor is the dividend yield. Dividends are treated as interest income, for tax purposes.
Fees & Commissions No fees or commissions apply to purchase or management of equity shares
Term Long-term investment; no set term length or maturity date.
Share Value Shares have a fixed par value of $1.00 
Maximum Purchase Clients can hold up to 6,000 shares (combination of Class A and Investment Shares).
Eligibility Non-registered, RRSP, TFSA
Deposit Insurance Not covered by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC) deposit guarantee. Shares are backed by the financial stability of the credit union.