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Steinbach Credit Union Member Bonus
April 17, 2018
5:14 am
5:14 am
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December 17, 2016
December 17, 2016
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How is the Member Bonus calculated?
The 2017 Member Bonus will be shared with members who hold either deposit or lending accounts. The breakdown of this allocation is equal, 50% to deposit holders and 50% to loan holders.
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Member Bonus is calculated on interest earned and paid on qualifying products for calendar year 2017, and equates to an additional 5.06% on interest already earned and 2.80% on interest already paid.
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Your Member Bonus will be deposited via direct deposit to qualifying accounts by Friday, March 16, 2018, and can be viewed on member statements under the name of “Member Bonus”.
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