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Benefits of Being a Member
Credit Unions provide Manitobans
with a secure, democratically controlled and community-minded financial
alternative. When you join a credit union, your membership
includes many benefits.
Like other financial institutions,
we have shareholders, but credit union shareholders are our members.
As with other co-operatives, members are entitled to share in our
profits.
As a member-owner, you
have a say in how your credit union is managed by voting for the
Board of Directors who in turn provides vision and direction.
Unlike other financial institutions, each member gets a vote and
each vote carries the same weight, regardless of how much money
you have.
Decisions are made locally
and profits remain in the local community.
Unlike our competitors,
deposits at Manitoba credit unions are 100% guaranteed without limit
by the Credit Union Deposit Guarantee
Corporation.
Our provincial system is
strong, with nearly half a million members, and we contribute to
a network of national and international co-operatives working for
the economic well-being of communities around the world. |