Dividend and Loan Interest Rebate
We are pleased to announce that dividends and a loan interest rebate has been paid into members accounts.
As Lurgan Credit Union is a non profitable organisation we pay out our dividend after our financial year is completed.
The dividend rate for year ending September 2015 is 0.75% for shares, easy share, social and minor accounts and a loan interest rebate paid at 10%.
Remember, that the dividend paid to Lurgan Credit Union shareholders is not taxed. Depending on your circumstances you may need to declare this income to HMRC.