January 29, 2010 - The Board of Directors of Assiniboine Credit Union is pleased to announce a dividend for both Preference Shares and Surplus Shares.

Preference Shares
A dividend of 4.50% was paid to Preference Shareholders in January 2010 in the form of additional Preference Shares. This applies to both Class Assiniboine and Class Astra Shares.

Surplus Shares
A dividend of 2.00% on Surplus Shares will be paid in February 2010 in the form of additional Surplus Shares.

Please note:

• Dividends are paid on outstanding share balances.
• Preference Shares are currently not available for sale.
• All rules and regulations for registered products apply.
• Share dividends are taxable as interest.
• Shares are not covered by the Credit Union Deposit Guarantee.
• Members remain entitled to only one vote, regardless of the number of shares held.
• To withdraw Preference Shares, members must apply in writing to the board.
• Surplus Shares are non-redeemable except under specified circumstances, including:
  • Balances of Surplus Shares over $2000 per account can be redeemed.
  • Upon the death of a member, Shares would be paid to their estate.
  • Upon closing of all accounts and membership.
  • Registered Surplus Share balances of less than $500 may be redeemed when a member is required to convert RRSP funds into a RRIF at age 71.