Deferred Shares

Deferred shares are different from our ordinary shares in that they count towards the credit union’s capital reserves. This allows the credit union to meet its regulatory capital requirements, and to grow and expand its services. Deferred shares carry more risk than ordinary shares as they are only repayable in restricted circumstances and are not covered by any protection scheme. They are usually seen as a form of social investment and are often taken for philanthropic purposes.

Details of our current deferred share issue can be found here.  If you are interested in learning more about deferred shares please get in touch.