The Lakeland Advantage
What Sets Lakeland Credit Union Apart from the Rest?
Local ownership is the most distinctive feature of Lakeland Credit
Union.
- over 10,000 individuals and/or businesses in the Lakeland trading
area own common shares in this Credit Union.
You have a say in the direction of your Credit Union.
- assess the performance of Lakeland Credit Union as a whole and communicate
your suggestions, comments and needs through the Staff, General Manager,
or the Board of Directors.
We support / sponsor initiatives in the Communities where we do
our business.
- Lakeland Credit Union sponsors many local sports teams and/or events,
charities, special interest groups, educational bursaries etc...
Members share in the distribution of our earnings.
- dividend and patronage payments of more than $1.6 million were returned
to members for the financial year ending October 31, 2006. Profit sharing
was a 7% dividend on common shares plus a patronage based on the amount
of services used by a member.
You are able to seek election to the Lakeland Credit Union Board
of Directors.
- submit your name to our Nominations Committee or attend our Annual General
Meeting and have someone nominate you from the floor.