Parama
PARAMA is pleased to announce, that as a result of another successful year in 2007, profit sharing in the record amount of more than $1,300,000 has been returned to our Members.
  • $629,000 was received as bonus interest by all qualified Deposit Account, Term Deposit, and GIC investors.
     
  • $695,000 was received as interest rebates by all qualified residential mortgage, personal loan and line of credit borrowers.
Additional amounts were added to capital reserves to ensure prudent growth potential and continued financial stability.
All profit sharing payments were directly deposited to Members' Daily Interest Chequing Accounts on January 29, 2008.
THANK YOU FOR YOUR PATRONAGE

The Board of Directors


 

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