FAQ's

1. What does your new motto (We'll Go the Distance) really
    mean?

2. Can you please explain Equity Shares and Share Capital?

3. I want to be more a part of the credit union. How do I become
    a member of the Board of Directors?

This phrase means our entire staff from the CEO on down will do everything possible to make your experience with All Trans one you will, trust, appreciate and remember. Quite frankly, we want your business, all of it, and we'll do whatever we can to provide you with the reasons and confidence to bring all your financial business to us. Our Mobile Money Managers are a team of five professional, knowledgeable people who will help with your financial needs at a place convenient and comfortable for you. All our staff will talk with you to determine if there is a better and even less expensive way to provide you with what you need. Too much work to switch banks? Our staff will assist you with setting up your bill payments, web banking, smart mouth teller and anything else you require to get started. Talk with us and you will quickly see the difference between All Trans Financial Services Credit Union and any other financial institution.

2. Can you please explain Equity Shares and Share Capital?

Equity Shares and Share Capital are one and the same. Credit Unions have shareholders, however our shareholders are our members, unlike the large financial institutions where you are a customer and most shareholders are large corporations. Each member, upon joining All Trans must purchase 20 shares valued at $5.00 each. This totals $100 and is your share in the credit Union. It remains in an account called Equity Shares and when dividends are paid they are deposited here. This is your stake in All Trans Financial Services Credit Union , and will be returned to you upon death or the closing of your account. Being a shareholder gives you privileges, opportunities and responsibilities. As a shareholder you have the privilege of attending our Annual General Meeting and voting in the election of new Board members and the acceptance of new by-laws. As a shareholder you have the opportunity to contact anyone at All Trans whether you have a concern or would like to pass on a compliment or query. Finally as a shareholder you have a responsibility to your fellow members. Encourage them to use services and to not abuse services. Remember that your actions as a shareholder have a direct impact on the profit we are able to return to you in the form of dividends.

3. I want to be more a part of the credit union. How do I become a member of the Board of Directors?

We welcome members who have an interest in standing for the Board. Elections take place each year in March at our Annual General Meeting. At any time from the AGM until the following January 31st you can submit your name to the nominating committee. Nominations are no longer accepted from the floor at the he AGM. Any member of the Nominating Committee will gives you information to read prior to submitting your name. It is a privilege to serve on your Board of Directors and there are responsibilities and time requirements. This position is not for everyone, however, those who do accept the challenge may remain for many years and accomplish a great deal.