Share Dividend and Loan Interest Rebate 2022

News, Friday 20th January, by HSSCU

Our Hybrid AGM 2022 Highlights

Thank you to all the members who attended our AGM in person and online on Wednesday night. There was a great attendance at our first hybrid meeting. Congratulations to all who won in the AGM prize draw.

At the AGM a Share Dividend and Loan Interest Rebate for members were approved. These came to the following values:

 

  • Share Dividend: €350,154 (0.1%)
  • Loan Interest Rebate: €391,479 (2.5%)

 

The total amount paid out to members was €741,633. Members will see this money lodged into their credit union account. A convenient way for members to check their account is through our Online Services or APP. Other key figures included in the annual report and discussed at the meeting were:

 

  • Total Assets €443,926,175
  • Loan Book €229,979,258
  • Sponsorship and donations €67,489
  • New members up 8.3%
  • Total membership 64,439
  • Christmas Savers €2.6 Million

 

As can be seen from the details provided above HSSCU preformed strongly across the credit union. We take great pride in providing services that our members highly value and trust. HSSCU works with the co-operative ethos at the heart of everything the credit union does for members. We continue to provide Death Benefit Insurance, Higher Education Scholarships, Bursaries, Charitable Donation and much more.

 

Further details on our past financial year can be found within our annual report here: HSSCU Annual Report 2022

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