To become a member of Erickson Credit Union Ltd., each individual acquires two $5 common shares. Members are debited $2.50 per month to acquire additional common shares, to a maximum of $200. These common shares represent members' ownership of the credit union, and each holder of at least one common share is entitled to one vote at any and all membership meetings. Dividends can be declared annually on these common shares.

History of Dividends Paid on Common Shares

Common Share investments are deemed to be risk capital and, as such, do not come under the guarantee of the Credit Union Deposit Guarantee Corporation.

The plans objectives are:

• to increase members' Common share capital investment in THEIR credit union
• to continue to strengthen the equity position of Erickson Credit Union.
• to reward members, through periodic dividends, for their participation in the Plan

Common Share requirements can be met through either of two (2) purchasing methods:

• one time investment of two hundred ($200.00) dollars
• monthly subscription of $2.50 until the two hundred ($200.00) maximum is reached

Common Shares are owned by the individual member(s) and are fully redeemable at the time a Membership Account is closed (subject to some conditions).