LUTHERVILLE, Md.–Despite the coronavirus pandemic, First Financial FCU said it has been able to distribute more than $1.2 million to its members in the first half of the year.
First Financial said its quarterly rewards program paid out more than $586,000 in dividends and rebates in just the second quarter alone.
“This year has been far from normal and has presented a lot of new challenges for our members and community,” said Eric Church, First Financial president/CEO. “With over a million dollars already returned to our members, our quarterly rewards are structured to not only provide extra relief during these unprecedented times but also to show our appreciation for their membership. Today, tomorrow and every day, we’re committed to helping them every way we can.”
First Financial said its checking account holders earned over $183,000 in dividends for the second quarter. Members with the Better Rewards checking account earned the highest dividends and were eligible for additional Visa debit card rebates. First Financial credit card holders were also eligible for cash rebates. Altogether, debit and credit card holders received over $403,000 in cash rebates, the credit union said.
Other Resources
In addition to the ongoing quarterly rewards, First Financial said it continues to offer resources to provide its members with financial relief during these challenging times. This increased support includes loan payment deferral options, increased availability of funds, no penalty early withdrawals from share certificates, and free financial education.
The $1-billion First Financial has more than 66,000 members.