The Board of Directors announced excellent financial results during the Annual General Meeting held April 16, 2013, for the financial year ended December 31, 2012.
The Caisse made significant surplus earnings, allowing it to give back $2,287,944 in member dividends, to deposit $450,000 in the Community Development Fund and to continue funding its general reserve to maintain a high level of capitalization. In addition, a total of $545,000 was redistributed to the community in 2012, bringing the amount paid out to members and the community in 2012 to $3.3 million. A distinct advantage for you and the community!
For more information about the financial results or a general update on your cooperative, see the 2012 financial statements (in French only, PDF, 1.55 MB1) and the annual report (in French only, PDF, 2.81 MB1).