Dividends are paid into your Shares account. This yearly additional increase in capital strengthens our financial position with a strong share base, which ensures we will continue providing you with superior service and financial solutions. It also allows members to earn more dividends in future years on their increased Shares.
LICU DISTRIBUTION OF DIVIDENDS AND REBATE 2019-2020
La Inmaculada Credit Union Limited (LICU) is very pleased to announce that your dividends and rebates have been posted to your share account as of Tuesday, August 4, 2020. LICU extends its appreciation and thanks to our supportive membership for being patient and allowing us the time to finalize our payments for dividends and rebate.
We are pleased to announce the payment of 4% dividends on the first $5,000.00 and 2% dividends on the remaining balance of your shares. In addition, a 4.5% rebate is being paid.
Members who wish to withdraw their dividends and rebates can request the withdrawal in person or by email submission to [email protected] and are asked to kindly allow for one day for processing. If the request is made by email, kindly submit a copy of a valid form of identification (Social Security or Passport) and a filled Dividend Withdrawal Request Form that can be found at this link
The funds will then be available for withdrawal through the most convenient means for each member. The period for withdrawal requests of dividends and rebate is up to Friday, October 2, 2020.
Kindly take note that due to the challenges with COVID-19 and in our continuous effort to remain safe, the Annual General Meeting (AGM) will be deferred.
We are thankful for another successful year despite life’s challenges. We look forward to continue working hand in hand with you, our esteemed members, especially during 2020-2021 which has already put our resilience to the test. We have remained strong for the last 70 years and with God’s grace, our committed volunteers, our professional and dedicated staff, and, of course, with your continued loyalty and patronage, LICU will remain as your best choice to financial and social prosperity!!!