Member Rewards
At Sydney Credit Union, our Five Star Success™ assures that our profits go to where they are most deserving... to the people who make us successful. As part of our Five Star Success™, Our Members receive a Profit Sharing Rebate each year in April. This is our little way of letting you know that you are included in our bottom line.
Since 1997 Sydney Credit Union has shared more $5 million with our members through our Member Rewards program.
How do we calculate YOUR share of the profits?
| Your Products and Services | Profit Sharing Calculation |
| Deposit Interest – Bonus Interest Bonus calculated from interest earned on your accounts for the year. |
|
| Savings & Chequing | 6.50% |
| Term Deposits | 6.50% |
| RRSPs & RRIFs | 6.50% |
| TFSA | 6.50% |
| Loan Interest – Interest Rebate Rebate calculated from interest you paid for the year. |
|
| Lines of Credit | 4.25% |
| Loans | 4.25% |
| Mortgages | 2.50% |
| Other – Electronic Services Charge Rebate (per transaction) Rebate calculated from each electronic transaction you complete. |
|
| Direct Deposit | $0.057 |
| ATM & Interac® Direct Payment | $0.057 |
| TeleService® & MemberDirect® | $0.057 |
| Preauthorized Payment | $0.057 |
It pays to do business with Sydney Credit Union
