Perpetual Contributed Capital (PCC)
PCC is a prerequisite for membership in MCCU. The amount of PCC investment is based on 1% of the first $50 million of a credit union’s total assets as of the most recent year-end and graduated downward for assets above $50 million and capped at $750,000.
- PCC is permanent in nature with no scheduled maturity.
- Dividends are declared and paid quarterly when sufficient earnings are available.
- PCC investments are not insured by the National Credit Union Share Insurance Fund (NCUSIF).