Permanent Shares

Permanent Shares

The Permanent Shares Plan allows you to become a permanent shareholder of Gateway for as little as $2000.

 

About This Savings Plan

The Permanent Share Plan is equity in the Credit Union and so members are not allowed to withdraw until membership termination. The minimum balance required is $2000 and there is no interest credited.

 

What You Need To Know

As Low As

$2,000.00

Starting Balance *

Up To

N/A

Interest Rate

 

Additional Information

Who is This Savings Account For?

Cornwall County investors who wish to hold permanent shares/equity in Gateway

Cornwall County investors who wish to save and withdraw only when they are ready to end their membership with Gateway

Cornwall County residents who wish to save for unexpected events, financial or health-wise

Does this savings account have any special maturity date?

There is no maturity date for this account. You can keep it for as long as you wish. However, you are unable to withdraw the funds until you close the account.

What are the most important details?

Minimum amount: $2000

No interest

Shares are redeemable only after membership termination

Steps To Apply
1

Become a member of Gateway

Fill out all required forms and deposit the minimum opening balance of $3,300 to become a member of Gateway.

2

Ask about the Permanent Shares

Visit any Gateway branch near you and ask about Permanent Shares.

Any member of Gateway can gain permanent shares, all that is required is to have a minimum opening balance of $2000.

3

Become a shareholder!

Permanent Shares allows you to become a shareholder and receive equity in Gateway.

Our Team Stands Ready

If you're interested in any of our savings plans, we'll pair you with one of our expert customer service representatives, who will work with you to understand how to bring you to the solution you need.

 

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STILL NOT SURE?

Deciding whether Gateway is the right partner for your savings account? We know that this is a long-term decision, and we want to ensure that you are fully informed going into this commitment with us.

Learn more about this opportunity by chatting with our agent, or by visiting our Frequently Asked Questions.

 

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