RACINE, Wis.–Educators Credit Union said it has paid out a record $5.1 million with its 2022 “Member Loyalty” payout.
“Member Loyalty is Educators Credit Union’s way of showing appreciation to members for their loyalty and commitment to the credit union. Throughout 2022, members built their reward each month based on the products and services they used. The more products and services used, the bigger the reward, the credit union said.
The $3.1-billion ECU added that members were also able to track their reward amount, discover how their reward was developed, and learn how to earn an even bigger reward before the annual payout on Dec. 1 using the Member Loyalty tool in online and mobile banking.
‘Our Way to Say Thank You’
“We are honored that our members would choose Educators to be their credit union, and Member Loyalty is our way of saying thank you,” said President and CEO Linda Hoover. “Everything we do is with the financial success of our members in mind, and we are excited to give back to members in this way.”
Over the past five years, Educators Credit Union said it has paid out more than $20.6 million with Member Loyalty to its more than 220,000 members.