HANSCOM AFB, Mass.–Hanscom Federal Credit Union has announced a membership payout for 2018.
The credit union said it will pay a Loyalty Dividend of 2% of most consumer loan finance charges, as well as a 2% bonus on dividends earned on savings.
The Loyalty Dividend payment will be posted to member accounts on Dec. 31, 2018. This is the 22nd consecutive year the credit union has paid dividends, returning over $10 million directly to members since 1996, Hanscom FCU reported.
“We’re thrilled we can give our members a Loyalty Dividend in 2018, the result of a successful year,” said Hanscom FCU Chairman Paul Marotta. “I’m proud that we’re able to show our gratitude to our members in such a concrete way.”
The $1.3-billion Hanscom FCU has approximately 86,000 members.