Patronage Rewards
Bank locally and enjoy all the benefits. Get paid for it and experience the difference!
Sharing Success:
A Million Reasons to Bank like you live here.
At StellerVista Credit Union, sharing success is one of our core values and one major way that we set ourselves apart from the banks. We believe that when we thrive, our members and communities should thrive too. That’s why we’re proud to announce that in 2025, we returned over $1,000,000 to our members and the community through Patronage Rewards, Dividends, and Community Donations.
This year, our Board approved more than $800,000 in Patronage Rewards, directly recognizing the trust and loyalty of our members. Additionally, more than $97,000 was distributed in Dividends, and more than $200,000 were issued in community donations. These payouts are a testament to the power of keeping profits local, reinvesting in our members and our communities instead of sending them away to national or global headquarters.
This is the unique value of being part of a credit union. Unlike the big banks, your money stays close to home, fueling local businesses, supporting community initiatives, and contributing to a stronger regional economy. When you bank like you live here, the impact goes further than you could imagine – not just for you, but for your neighbors and the place we all call home.
Thank you for being part of the StellerVista story. Together, we’re proving that success is best when it’s shared.
2024
$680K
2023
$390K
2022
$400K
2021
$637K
2020
$243K
What are Patronage Rewards?
Sharing success isn’t just something we believe in... it’s written into our policies.
Every year, we strive to return as much of our profits to our members as possible. This commitment is built into our business model: the more we earn together, the more we can give back. In the last five years, we’ve returned over $2 million directly into our members’ accounts – a huge milestone for a small credit union.
How much each member receives is based on key factors such as:
- Interest Paid on Loans and Mortgages – The more you borrow, the more you could receive back.
- Interest Earned on GICs – Your savings work harder with us, earning both returns and potential rewards.
- Service Fees Paid – Even routine banking can add to your annual Patronage payout.
This structure ensures that your relationship with StellerVista provides more value than you’d find at a traditional bank. Unlike national or global institutions that send profits elsewhere, our earnings stay local—reinvested in our members, our communities, and the local economy. It’s part of what makes local banking with us more impactful, rewarding, and affordable.
When you bank like you live here, you’re part of something bigger. Together, we’re building a future where success is shared, and everyone benefits.
Member Dividends
In addition to Patronage Rewards, we may also pay dividends on member shares. Dividends are subject to Board approval and, when declared, are paid out quarterly.
2025: $97,251
2024: $90,678
2023: $90,757
2022: $40,302
2021: $50,758
2020: $66,421
2019: $80,144
Member Notice
Membership Shares Cleanup Initiative
As part of our ongoing efforts to streamline our services and ensure all share accounts align with our internal policies, StellerVista is conducting a comprehensive cleanup of our membership shares. This initiative will help ensure all accounts are eligible for dividends.
Please review the following key changes and actions that may affect your shareholdings:
- Conversion of C Shares: To ensure compliance with our policy that all C share accounts maintain a minimum balance of $1000, members holding C shares valued at less than $1000 will see these shares automatically converted to A shares. This measure is designed to simplify our shares structure and maintain account standards.
- Adjustments to A Shares: Members with A shares exceeding a $1000 balance will have the excess amount distributed back to you as outlined below. This approach ensures that surplus funds continue to serve your financial growth directly.
- Rounding to Whole Dollars: Both C and A shares will be adjusted to reflect whole dollar amounts, as members cannot hold partial shares. Any fractional dollar amounts will be moved from your shares account to you through the process outlined below.
Reallocating Your Share Funds (only when necessary)
If any funds are required to moved out of your shares account, for the reasons described above, we will move these funds into your StellerVista account through the process described below:
- The funds will first be attempted to be deposited into any existing savings account.
- If no savings account is available, they will be deposited to a chequing account.
- Failing that, funds will be allocated to a term deposit, applied to a mortgage, or used to reduce loan balances.
- If no banking relationship exists beyond your shares account, a refund can be collected upon your request at your local branch.
- Please note, we will not move any funds into a registered account through this process
This shares cleanup is a significant project that will span the coming months. Members can monitor their shares balances through online banking and on their regular statements. We understand that these changes may prompt questions or require further clarification.
Please do not hesitate to reach out to your local branch or contact us via email at info@stellervista.com for assistance.
Notes:
- Patronage Rewards calculated on any non registered deposit accounts will be deposited in your A shares.
- Patronage Rewards calculated on registered accounts (RRSP/RRIF/LIF/TFSA) will be deposited to your registered savings accounts.
- Further information on eligibility and the calculation is available upon request. 1.250.426.6666.