Profit Sharing


What's not to love about sharing $72.5 million with your friends?

We’re not talking about the lottery. We’re talking about our Member Rewards Program. 2021 marks the 28th consecutive year we’ve proudly paid a share of our profits to you, our amazing member-owners. Based on our financial results for 2020, this year’s dividend is 1.25%.

You won’t find many banks sharing their profits with customers. But we’re different. We’re a credit union, and as a Kootenay Savings member, you don’t just bank here: you belong here. We believe you deserve to profit from our success, too. Since the introduction of our Member Rewards Program in 1992, we’ve shared more than $72.5 million with our membership. The total amount this year is $349,873. Your share is in your account now.

What can you do with this free money? It’s your call. Up to 20% of the balance in your profit sharing account can be withdrawn to spend on whatever you want. Great ideas for the rest include investing it in a TFSA for tax-free growth or an RRSP for a tax credit now!

It pays to bank with us. To learn more, check out our Profit Sharing FAQs.
To view the full Terms and Conditions for our Patronage Progam, please click here.