|Member Share Capital|
Your share account opens the door to all the benefits of NCCU membership including access to a wide range of affordable, quality and modern products and services.
Member Share Capital is not savings. It represents the money members invest in their credit union. These monies form the capital (money) of the Credit Union. Shares are your equity in NCCU and cannot be withdrawn.
The price per Share is only $50. Persons wishing to become members of NCCU have to buy at least one share at $50. Dividends are paid annually on shares. Two shares are required if more than one beneficiary is named.
NCCU encourages members to buy a few shares every year for building up their share capital and strengthening NCCU's capital base.
Members requesting loans are required to invest in more than one share.
Come Open Your Share Account Today!
Note: All members/depositors are required to complete a Declaration of Source of Funds (DSF) form for ALL deposits of $10,000 and over, or on any lesser amount as determined by the Credit Union.