OGDEN, Utah—Goldenwest Credit Union has handed out its largest-ever year-end bonus to members, totaling $3.5 million, the CU said.
During the last 21 years, Goldenwest has returned more than $30 million to its members.
“The year-end bonus reflects Goldenwest’s exceptional financial performance in 2024 and underscores its commitment to rewarding member loyalty. This year also saw the launch of the Golden Rewards Loyalty Program, designed to enhance member benefits and increase engagement Under this new program, the Golden Rewards Loyalty Bonus replaces the former Bonus Dividend, offering greater rewards to members who actively use a variety of Goldenwest’s financial products. Members earn larger Loyalty Bonuses based on their participation in the Credit Union’s deposit accounts, loans, Visa cards, and insurance products. This strategic shift strengthens Goldenwest’s ability to reward member engagement and reinforce the value of its diverse financial services,” the CU said.
The direct deposit of the Loyalty Bonus is made into members’ high-yield Gold Accounts, that currently pays 6% APY.
“The Gold Account is a unique savings tool designed to help members grow savings for emergencies and unexpected expenses. In addition to the Loyalty Bonus, members can build their Gold Accounts by taking advantage of Visa Debit Card Round-Up Rewards, Visa Credit Card cash-back options, and other exclusive promotions throughout the year,” the organization said.