EVERETT, Wash.– NW Plus Credit Union announced its fourth annual Member Loyalty Bonus has been paid to more than 9,100 eligible members, totaling more than $344,000. NW Plus CU’s Member Loyalty Bonus rewards both savers and borrowers for their overall relationship with the credit union. The credit union reported that to date it has returned $2 million to its members for their loyalty over the past four years.
“2022 was a year of immense growth and change. We undertook a complete core system conversion that also overhauled many ancillary products and services including our online banking platform,” said President/CEO Torrie Ramos. “This tested our mutual resolve and I am happy to say that while not entirely perfect, we are on our way. We also introduced Early Pay ACH, in branch electronic marketing and in June were designated as a Juntos Avanzamos Credit Union recognizing us as an inclusive financial partner for our immigrant and underserved communities. With all of these trials, challenges and accomplishments the credit union finished 2022 strong, and our success has enabled nw+|cu the ability to once again give back to our members.
The Motivation
“The motivation behind our Member Loyalty Bonus is to thank our members for choosing us as their primary financial partner. We structure this bonus in a manner that rewards our savers, borrowers as well as years of membership,” Ramos continued. “We understand that they could choose any number of places to do their business and want them to know we appreciate their decision to allow us to meet their financial needs.”
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