FAQ – Member dividends – Youth dividends

No. Youth dividends are designed for members ages 5-17 and don’t replace individual member dividends. If they meet all the requirements, young people are also eligible for individual dividends.

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No. If all the criteria are met, the youth dividend is automatically paid to the member's eligible personal chequing account.

No. The youth dividend is a fixed $10 amount. If all the conditions are met, members are eligible for an additional $15. One lump sum will be deposited into the member's eligible personal chequing account.

Youth dividend payments are indicated by the letters REB on your account statement, just as they are for member dividends. Youth dividends are paid in June of the year following the reference year.

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