FORT ATKINSON, Wis.–Two more credit unions have announced year-end bonuses and payments to members.
Fort Community Credit Union has announced it is paying out Member Loyalty Cash for the third consecutive year.
The payment each member receives is based on the number of products and services they actively utilize with the credit union. According to FCCU, 29% of its members are receiving a cash bonus for 2017.
“As a credit union, it is our philosophy to return our profits to our member-owners,” said CEO Susan Johnson in a statement. “We are thrilled to reward the members that are active participants in the credit union. I love hearing members tell us what a nice surprise it was to open their mobile app on New Year’s Day and see the deposit in their account. Our Team is focused on helping more members qualify for the Member Loyalty Cash reward in 2018.”
Fort Community CU explains how members can earn loyalty cash and how its program is structured here: https://www.fortcommunity.com/member-perks/member-loyalty-cash.html
Meanwhile, in Syracuse, N.Y., Empower Federal Credit Union has announced it is paying $3.5 million in “give-back” bonus dividends and interest rebates to reward Empower members for a successful year.
“We are pleased to be able to reward our member-owners with another giveback for the 10th year in a row,” said James Reynolds, senior vice president of operations.
Empower reported it has now given back $27.5 million to its members.