The Lakeland Advantage
The Membership Advantage
Members are owners!
Our members, unlike the customers of banks and trust companies, have a voice
in the way our organization is run. Members participate in the Annual General
Meeting and elect (and/or stand for election to) the Board of Directors.
Lakeland Credit Union members also share in the profits through dividend/patronage
rebates.
These privileges are yours when you purchase Common Shares and become a
member of Lakeland Credit Union
- Ensuring ultimate ownership and control of Lakeland Credit Union rests
with our member owners
- Delivering services that fulfill real needs, provide
superior value and contribute to the economic well-being of our members
in a cost beneficial and ethical manner.
- Ensuring the future strength and
economic viability of the Credit Union by managing its affairs in a prudent
and strategically sound manner.
- Building capital reserves by alotting surplus
earning firstly to general/reserves/retained earnings and secondly, by
payment of profit driven dividends.
- Encouraging thrift, self help, free
enterprise, financial planning and the wise use of credit by providing
guidance and counseling to assist members in making well informed decisions
when managing their financial affairs.
The Community Advantage
- Cultivating and maintaining business and social relationships reflecting
leadership, integrity and responsibility.
- Contributing to the social, economical
and environmental well being of the community at large by reinvesting resources
and leadership.
