What's New
Investment Loan Financing Specials:
It's always a good time to save.
If you don't have a large lump sum to get your saving spree started, borrowing to invest in an RRSP could make good financial sense. Our Saving Spree Experts can show you how.
Choose from:
Classic RRSP Loan
Borrowing to invest in an RRSP makes good financial sense. Take advantage of our Classic RRSP Loan to make your contribution today.
RRSP Line of Credit
If you're borrowing annually to supplement your RRSP, an RRSP line of credit is the quick and convenient way to do it without having to visit your branch each year to request financing.
RRSP Top-Up Loan
Our Top-Up Loan is the easy way to make a one-time catch-up on your RRSP.
OAC. Some conditions apply.
Common Share Dividend:
A 6% dividend payment will be added to the non registered common share balances November 30, 2008 and to registered common share balances prior to November 30, 2008. The dividend will be calculated on the minimum monthly balance for the period November 1, 2007 to October 31, 2008. This dividend will amount to approximately $3,400,000.
Investment Share Dividend:
A 6 ¾% dividend payment will be added to the registered and non registered Investment Share balances prior to December 15, 2008. The dividend will be calculated on the balance as at October 31, 2008 and will be paid through the issuance of additional Series A Investment Shares. This dividend will amount to approximately $2,781,000.
Common Share Cash Repayment (this $ is not included in our dividend announcement total):
A 10% cash repayment will be made to seniors age 69 and over who have balances of $1,000 and over. The repayment will be based on the member’s balance as at October 31, 2008. Members will be notified of their cash repayment in December 2008. This repayment will amount to approximately $955,000.
For more information on increasing your dividend or to become a member-owner and start earning your share, call toll-free 1.877.606.6333.
Tax Free Savings Account (TFSA):
Starting in January 2009, Canadians will be able to keep a little more of their hard earned money by taking advantage of a new program called the Tax Free Savings Account (TFSA). Click here for more information
Are you trading with Canada's #1 Online Broker?
Common Wealth Credit Union is proud to report, Credential Direct, the discount brokerage we offer for self-directed investors, has been ranked Canada’s #1 Online Broker for the 5th time! If you’re trading with another online broker maybe it’s time you switch. Click here to see how Credential Direct stacks up against the competition or read more about this good news.
Go Further with a smart financial plan
Visit www.cqfinancial.net
Online brokerage is offered through Credential Direct, a division of Credential Securities Inc., operating as a separate business unit. Credential Securities Inc. is a Member-CIPF. ®Credential Direct is a registered mark owned by Credential Financial Inc, and is used under licence.
