Patronage Rebates

It’s a great time to be a member of Atlantic Edge Credit Union! We are pleased to announce that Dividend and Patronage Rebates to our members for the 2022 fiscal year have been posted to members’ accounts. Dividends and Patronage rebates were calculated as follows:

  • Member Dividends
    • 10% on regular Equity Shares
    • 1% on Non Equity Shares
    • 5% on Class 2 Shares
  • Member Patronage Rebates
    • Borrowing and Deposit Interest of 2.5%

The payment of Dividends and Patronage Rebates is a form of profit-sharing unique to co-operatives like credit unions. The more business you do with your credit union, the more you see returned!

Dividend and Patronage Rebates to our members for the 2022 fiscal year totaled $392,085!