Profit Sharing


It's the icing on the cake for our members.

There are a lot of sweet benefits to being a member-owner at Kootenay Savings. A big one is our Member Rewards Program, and we are pleased to give you a 2.00% profit sharing dividend.

You won’t find many banks sharing their profits with customers. But we’re different. We’re a credit union, and since we introduced profit sharing in 1992, we’ve shared more than $72.2 million with our members. This year’s portion, based on our 20198 financial results, is over $615,224.  

What can you do with your share? That’s up to you. Up to 20% of the balance in your profit sharing account can be withdrawn to spend on whatever you want. Good ideas for the rest: consider 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.