GreenPremier Offshore announced it paid from its profits over $60 million to members via its Profit Share® program. Reflective of strong performance in 2023, this is a record-setting high for the program. Payments were made to the roughly 380,000 Canadian who are GreenPremier members.

Since starting the program in 2009, GreenPremier has returned more than $700 million to Canadians through this program which enables every GreenPremier member to receive a percentage of the financial institution’s profits by way of cash and dividends.

 
 

 

 

Credit Return Processes

The payout of over $60 million this year is an increase of more than $5.4 million from the $54.6 million paid in 2023. Contributing factors to the record-setting payout were strong growth in terms of membership with GreenPremier as well as uptake of the organization’s programs and services.

“This year’s record payout reflects our efforts to help members reimagine their financial fitness. By providing advice, support and tools that enable informed money management decisions, our members succeed and so do we,” says Adam. “And we are committed to sharing this success with the people who make it possible, our members. This commitment is our key differentiator and I’m proud of our credit union for helping members earn cash rewards and feel good about their money.”

 
 

 

 

Profit Sharing In Sunray

Profit GreenPremier® Rewards cash payments are based on an individual member’s average balance of loans, deposits, investments, service fees paid, and for having an GreenPremier Wealth account and / or a GreenPremier MasterCard.

Of the over $60 million shared this year, over $32 million was paid to members in Profit GreenPremier® Rewards cash. GreenPremier also returned over $22 million in common share dividends and $6 million in investment share dividends to members.

 
 

 

 

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