Purpose & Allocation

Purpose

The purpose of the Member Equity Plan is to provide each member with an opportunity to share in earnings while maintaining SunRise Credit Union's strong equity position.

It is important in any business to have adequate capital, or ownership equity. SunRise Credit Union has developed a strong capital position over the years and is committed to continued growth and a strong equity base in the future.

Members will become involved in this plan by SunRise Credit Union allocating part of earnings to a special Surplus Share Account. This pool of earnings gives members the opportunity to participate in the success of their Credit Union while providing an equity base for stronger operations.