Common Shares

Ever wonder what common shares are?  It’s simple! Each share represents a piece of the credit union, which means that all those who bank with us are not just customers, they’re member-owners. What’s so special about being member owners? Well, for starters, our success is our members’ success and we show this through profit-sharing. Here’s how much we shared with our members over the last 5 years:

At Spark The Energy Credit Union, members may top-up their common shares to up to $5,000.00 and take advantage of the magic of compounding interest. On top of setting and forgetting your funds to grow without having to be a financial wizard, we also offer RRSP and RRIF common share accounts, which tax-defer the growth from your profit sharing.