Kindred Shares $1.325 Million with Members

Profit Shares program continues to reward member loyalty.

Kitchener, ON – Kindred Credit Union is pleased to announce that it recently shared $1.325 million from its 2024 earnings with members! Each year Kindred allocates a significant portion of its annual earnings to return to members through its Profit Shares program. In fact, over the last 10 years Kindred has shared over $11.1 million with members.

As a values-centred, faith-inspired financial cooperative, we’re called to manage the funds entrusted to us with integrity as we walk with our members on their journey to be good stewards of their finances. For Kindred, stewardship also means choosing to give back to our members and the communities in which we live and work. The Profit Shares calculation considers members’ deposit and loan business with the credit union. All members receive a minimum of $5 in Profit Shares each year, and many receive much more.

“At Kindred, we believe that our community inspires our future. For over 60 years, we’ve built a strong foundation together—guided by shared values, mutual aid, and a commitment to financial solutions that serve the common good,” says Jason Daly, Chief Executive Officer. “Profit Shares is one way we put that commitment into action, ensuring that our success is shared with the members who help make it possible. That same spirit will continue to shape our path forward as we embrace new opportunities to create lasting impact.”

As a financial cooperative, who we are has remained steadfast since 1964. As our marketplace has changed, we have adapted and we continue to adapt, with our credit union in a strong and stable financial position. Kindred’s Board of Directors approved the 2024 Profit Shares amount based on very positive financial results. We exist to provide cooperative banking that connects values and faith with finances, inspiring peaceful, just, and prosperous communities. Kindred thanks its faithful members for their support and business. As we partner with members who want to align their financial choices with the purpose and values we share, together we cultivate the ground for thriving communities.

Learn more about Kindred's Profit Shares program.