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Benefits of Membership
Tax
concessions
Members
are eligible to claim a tax benefit on a maximum of $3,000.00 per
calendar year. Members who make a withdrawal within two
years following the year in which a tax benefit was obtained are
required to redeposit same amount and pay the applicable tax.
Insurance
Members
shares and loans are insured through the Credit Union league with
the Mutual Benefits Plan.
When you become a
member, you automatically qualify for these benefits. Therefore,
financial assistance is provided for you or your beneficiaries, in
the event of disability or death.
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