SOUTH BEND, Ind.––Teachers Credit Union (TCU) is reporting it has awarded the majority of its nearly 800 employees a $2,000, one-time “Inflation Fighter” profit sharing bonus.
The bonus was provided to full- and part- time employees “most impacted by current economic conditions,” the credit union said.
The CU added its decision to provide the bonus reinforces its commitment to its employees, especially during such an “unusual and challenging year.”
“We granted this bonus, first and foremost, to thank our employees for all they do,” said Jason M. Osterhage, president and CEO. “And secondly, this past year has been a difficult one for people trying to afford everyday life. Our 2022 business performance gave us the capacity to provide a little extra support to employees when they can really use it. TCU employees work hard to provide heart-felt service to our members every day, so we’re pleased to show them some heart-felt gratitude in return.”
The $4.766-billion Teachers FCU has more than 300,000 members.
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