Bruno Credit Union

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Bruno Credit Union

About Us

Mission Statement

TO BE A LOCAL DEMOCRATICALLY CONTROLLED RESPONSIBLE, VIABLE FINANCIAL INSTITUION THAT IS RESPONSIVE TO THE SOCIAL AND ECONOMIC NEEDS OF CURRENT AND POTENTIAL MEMBERS.

MISSION STATEMENT
 
TO BE A LOCAL DEMOCRATICALLY CONTROLLED RESPONSIBLE, VIABLE FINANCIAL INSTITUTION THAT IS RESPONSIVE TO THE SOCIAL AND ECONOMIC NEEDS OF CURRENT AND POTENTIAL MEMBERS.
 
                       
BOARD OF DIRECTORS
 
Bentley Carberry
Kurtis Ellis
Ryan Hering
Mark Kehrig (President)
Peter Krebs
Andre Lafreniere (Vice-President)
Philip Lepage
Elaine Urban
 
 
PATRONAGE DIVIDENDS
 
MEMBER OWNERSHIP PROGRAM
 
What it is and how it benefits me:
 
The Bruno Savings and Credit Union has a member ownership program in order to allocate each year's excess profits back to the members of this Credit Union. The profits are shared based on how much interest you have paid to us on a loan and how much interest you have received on your savings accounts and term deposits with this Credit Union.
 
The amount of allocation is determined and established by the board of directors each year based on the Credit Union’s profit as at December 31st
 
We have paid a patronage rebate in 14 of the past 15 years with a total of over $1,376,800 being allocated to members’ equity accounts. Members can withdraw funds from their equity account once the balance exceeds $2,000.00 or if they are over the age of 65.
 
All funds allocated to the member ownership account shall be at risk and not subject to the Credit Union Deposit Guarantee program.


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