Returning Profits

Each year the board of directors reviews the financial performance of the credit union and may set aside a portion of our profit to be allocated to each member. Since 1996 Belgian-Alliance Credit Union has rewarded its membership with patronage refunds. More than $600,000 has been paid out to members in the form of surplus shares. Rebates are based on the amount of deposit or borrowing business conducted by members. The more business you do with us, the more rebate you will receive.

RRSP Tax Benefit

At your request, patronage refunds can be transferred to a registered surplus share account. Such transactions are considered to be RRSP contributions and you will receive a tax receipt for income taxes.

Come and join our fold; we'd like you to participate in our rebate program!