Skip To Content

Member Share Program

Sharing is caring with Hubert’s Member Share Program

By purchasing your $5 common share when you open your Hubert membership, you are investing in Hubert and become a part-owner of our organization.

What does it get you?

When you join Hubert Financial, you’re becoming a member of a pretty darn awesome club. For the price of a couple of coffees (or one really fancy coffee!), you’ll be eligible for Hubert’s great savings rate and our deposit guarantee. Your $5 share* is considered an investment and is fully refundable should you decide to cancel your membership. Share redemptions will follow Access Credit Union’s equity application procedure, which begins automatically once the request for account closure is received. For additional information about closing your membership, please contact us.

Your share in Hubert—and subsequently Access Credit Union—provides you with one vote in credit union matters.

*For joint memberships, each signer is required to have an individual $5.00 share.

The Fine Print

Tax implications

Any dividends paid to you on your common shares are taxable as interest income in the year they are paid. If your total interest and dividend income are more than $50, we will issue a T5 to be filed with your tax return. You must also report amounts below $50 on your income tax return.

Deposit insurance

Unlike your deposits, investments in common shares do not qualify for deposit insurance under the Deposit Guarantee Corporation of Manitoba.


The common shares you purchase for holding an equity investment in the organization are intended to form part of the financial foundation for the organization. As a result, they are viewed as a long-term investment.

Members are able to apply to the Access Credit Union Board of Directors to redeem any amounts in excess of the $5 minimum common share requirement. Shares may be redeemed at the sole discretion of Access Credit Union and will be influenced by the financial performance of Hubert Financial. Partial redemptions, if approved by the board, must first redeem the common shares. Dividend eligibility is forfeited on all approved redemption amounts.

Surplus Share Redemptions

Surplus share redemptions meeting required criteria will be paid dividends in cash to Hubert members on a multi-year payout plan with the intention of eliminating the Surplus Share program at completion.

For additional information on our Member Share Program, please contact us.