BPWCCUL Permanent (Membership) Shares
BPWCCUL's member-equity shares, which paid a 5.0% dividend for FY2026 (BBD $5 par each). Far above the credit union's deposit rates, but the capital is non-withdrawable except on leaving the credit union.
Member EquityAnnual DividendNon-withdrawableIncluded with Membership
Rates verified: N/A
About This Product
The BPWCCUL Permanent (Membership) Shares requires a minimum opening balance of BBD $120.00 with no monthly service fee. It offers 5% Interest Rate.
✓ Benefits
- Paid a 5.0% dividend for FY2026, roughly 14x BPWCCUL's 0.35% Call Deposit rate.
- No cap on shares held beyond the BBD $120 minimum; the annual report states there is no limit to the number of shares issued.
- The dividend is paid on a member's full shareholding, not only the membership minimum.
- No monthly service fee
- Earns interest: 5% Interest Rate
⚠ Considerations
- Capital is non-withdrawable except on ending your BPWCCUL membership.
- Shares are redeemed at par (BBD $5) on exit, so there is no capital appreciation unlike a publicly listed share.
- The dividend is variable, set yearly at the AGM, and is not guaranteed or insured.
- Recent dividends have drifted down, from BBD $0.247 per share in FY2024 to BBD $0.236 in FY2026.
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