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Tandia Investment

An investment in growth for all of us.

Tandia Investment Shares are an exclusive investment opportunity only available to our members. These shares offer members the potential to realize an excellent rate of return while helping build the Credit Union’s capital base for future growth.

Why should you invest in us?

Tandia Investment Shares have historically had a high rate of return with annual dividends being paid to shareholders. They are a safe, secure investment that is not impacted by market volatility. Your investment helps make Tandia stronger and offers you peace of mind knowing that we are committed to our community and members. 

Dividends vs Term Rates

While it’s too early to declare what 2022’s dividend rate will be, members will be able to take advantage of 2022’s interest rate hikes if the 5-year bond rate is higher than our minimum*. Our current 5-year term rate is 4.20%**.

* While dividends are not always guaranteed, Tandia has always strived to pay dividends to shareholders. The dividend declared will be subject to available earnings and Tandia’s financial performance.
** Rate is valid as of June 15, 2022 and is subject to change without notice. 

Redemption conditions

Investment Shares are considered capital of the Credit Union and as such, redemption is limited and subject to regulatory conditions. The Credit Union can only redeem a maximum of 10% of total eligible Investment Shares each year.


Don’t wait and be too late!

While previous releases of Investment Shares have closed, members can avoid missing out on future releases by adding their names to a waitlist where they can acquire Investment Shares through a transfer from another member*.

For more details on how to be added to the Investment Shares waitlist or to redeem, please visit your local branch or contact the member solutions centre

*Investment Shares are not an ongoing investment offering, however, periodically existing Investment Shares are redeemed and become available for sale. When offered, Investment Shares are sold for a limited period, on a first-come, first-served basis and are TFSA, RRSP and RRIF eligible. Investment Shares are securities that are non-cumulative, non-voting and non-participating. It is important to note that they are not insured or guaranteed by the Deposit Insurance Corporation of Ontario. As well, the dividends are not guaranteed.

FAQs about Investment Shares

How are dividends on Investment Shares paid?

Dividends are declared by the Board of Directors each December. Dividends may be reinvested in additional    shares or paid out as cash. The Offering Statement for each Series provides full details.

How long is the term – when can I cash in?

Investment Shares are typically purchased by members with a long-term investment horizon. Members who originally purchased Investment Shares were subject to a minimum five year term. Members who wish to redeem or transfer their Shares may do so after the initial five year term, subject to the parameters detailed in the Offering Statement.

Can I sell my Investment Shares to another member or buy more?

Yes. If a member makes a request to sell their Shares or indicates interest in purchasing additional shares, abiding by Board policy Tandia will attempt to accommodate these requests by matching members who want to sell with those are interested in purchasing. Shares may be transferred between Tandia members only.

Tandia cannot guarantee that is will be able to facilitate any transfer requests. To initiate the sale or transfer of Investment Shares or to request the purchase available Investment Shares from an existing Series, please visit your branch or contact the Member Solutions Centre.

What is the tax treatment for non-registered investments in these Shares?

Members receive a T5 for reporting interest income annually.

Can registered funds be invested into these Shares?

Both RRSP and TFSA funds are eligible for Investment Shares. RRIF funds are eligible too – please speak to a Member Solutions Advisor to determine the best plan for including Investment Shares in your RRIF portfolio.

Are Investment Shares included in member statements?

Yes, ‘Details of Investment Shares’ for each Series along with the amount are included in your regular Tandia statements.


Good things happen when we share

Spread the word to your family members, colleagues and friends about the value, service, convenience and tailored financial services that help you worry a little less. You and the person you refer will each be rewarded with $25 cash*