NCCU members present at the 7th Annual General Meeting were thrilled to receive breaking news on mortgages and Member Share Capital.

President, Josephine Dublin, informed the meeting of the Board's decision to reduce the mortgage interest rate to 6.5% per annum and moved a motion to pay a 10% dividend on Member Share Capital for the financial year ending December 31, 2017.

Members enthusiastically voted "aye" to the dividend motion and as a result will soon have their accounts credited with the 10% dividend on Member Share Capital.

The reduction in the mortgage loan interest rate is across the board. This means that ALL MEMBERS WILL BENEFIT, those with existing mortgages, whose applications are being processed and who will take a mortgage in the future.