Aldergrove Credit Union will return more than $1 million to members.
The money goes to members through its Dividend and Patronage Rebate Program.
“2013 was another successful year for Aldergrove Credit Union,†said CEO Gus Hartl. “True to our credit union cooperative principles, we are very proud to share our success with our members and communities through our Dividend and Patronage Rebate Program.â€
“Our members have continued to support us and have allowed us to provide them with the best in financial services – personal and business banking, borrowing, investing, insurance and financial planning. We truly thank our members for just doing business with us – it’s that simple,†added Hartl.
Aldergrove Credit Union has consistently returned dividends and patronage rebates to members since the 1970s.
Members share in the ownership and when earnings are generated and cash flow is adequate, dividends and patronage rebates are paid out.
For 2013, members have received more than $1 million, and over the past 10 years, they have received in excess of $13 million.
ACU has a history of supporting members and communities in which they are located and where their members, staff and their families live.
ACU is a community-based credit union offering banking, commercial, insurance and investment.
The organization has served the communities of Langley, Aldergrove, Abbotsford, and Mission for 60 years.
The organization has $550 million in assets, 130 staff and approximately 19,000 members and operates six branches, three insurance offices, and two financial planning offices.