MCCU Annual Report - page 72

72
12. Members' Voluntary Share Capital:
2013
2012
$
$
Balance at Beginning of Year
1,240,806,081
1,169,292,535
Add Amount Subscribed
1,158,990,202
1,148,997,733
2,399,796,283
2,318,290,268
Less Withdrawals & Transfers
1,064,670,230
1,077,484,187
Balance at End of Year
1,335,126,053
1,240,806,081
13. Savings Deposits:
2013
2012
$
$
i. Term Deposits
541,128,845
567,455,132
ii. Members' Regular Deposits
312,460,378
262,058,814
iii. Golden Harvest Deposits
49,962,719
45,260,732
iv. Insurance Savings Club
5,778,708
5,958,747
v. Youth Savings
28,297,059
22,490,100
vi. Partner Plan Plus Deposits
37,370,643
33,040,749
vii. Solid Saver Deposits
77,614,424
64,269,060
viii. Horizon 55
3,010,550
2,914,204
ix. Wealth Accelerator Savings
76,914,206
-
1,132,537,532
1,003,447,538
i. Term Deposits
ii. Members' Regular Deposits
iii. Golden Harvest Deposits
NOTES TO THE FINANCIAL STATEMENTS - (CONT'D)
Term Deposits are for varying periods up to 365 days on which interest was paid at rates of between 2.50% and
4.40% per annum. Interest is paid on maturity.
Regular Deposits are savings accounts on which interest was paid at rates of between 1.00% to 2.00% per
annum.
Golden Harvest Deposits are for varying periods up to and over five (5) years on which interest was paid at rates
of 4.00% per annum.
MANCHESTER CO-OPERATIVE CREDIT UNION (1977) LIMITED
YEAR ENDED 31ST DECEMBER 2013
MANCHESTER CO-OPERATIVE CREDIT UNION
ANNUAL REPORT 2013
I...,62,63,64,65,66,67,68,69,70,71 73,74,75,76,77,78,79,80,81,82,...126
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