Bankers Club preferred shares
Bankers Club Preferred SharesWhy be just a bank depositor if you can be a bank shareholder? We offer preferred shares of First Country Bank, which promise guaranteed income and which are affordable, renewable, loanable, participating in the income of the bank over and above the guaranteed 12% income, and convertible to a time deposit, tax free!
Guaranteed income. You will receive guaranteed income of 12% every year.
Preferred as to dividends. If the board of directors declare dividends, you will receive dividends in excess of the 12% guaranteed income you have received.
Preferred as to assets. As a preferred stockholder, you will have priority after creditors on the assets of the Bank in case of dissolution.
Convertible. You can convert your preferred shares to a time deposit at the equivalent amount.
Renewable. After 5 years, you can renew the term for another 5 years, and so on.
Cumulative. Your dividends will accrue if the Bank does not issue them.
Loanable. You can borrow against your preferred shares.
Tax-free. Since it's a 5-year investment, it's not subject to withholding tax.
Approved by BSP, PDIC, and SEC. This offering is duly approved by all government regulatory agencies.
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