KENNEWICK, Wash. — Tri-CU Credit Union capped 2025 with a one-time special dividend that paid members 50% APY on the first $500 held in eligible primary savings and checking accounts for December, including youth accounts.
The payout amounted to about $40 per member for those who maintained $500 in both accounts during the month, with funds distributed directly to thousands of members as the new year begins. Tri-CU said the dividend reflected a strong financial year and noted that similar give-backs could be considered in the future when finances allow.
“This is the essence of what sets a true cooperative apart,” said President Doug Wadsworth. “As a not-for-profit financial institution, we don’t answer to distant shareholders or chase bank-like profits. Instead, our mission is to return excess earnings to our members, who are the owners.”
Founded in 1969, Tri-CU operates a single branch in Kennewick and serves Benton and Franklin counties. The credit union has 5,600 members, $76 million in assets, and 15 employees, and was originally established by members of IBEW Local 112 before expanding to the broader community.
In addition to special dividends, Tri-CU highlighted member-focused policies including eliminating NSF fees, limiting courtesy pay overdraft fees to $10, offering in-house mortgages, and supporting local nonprofits.
“When is the last time your ‘big bank’ paid 50% APY?” Wadsworth said. “We’re proud to be the ‘tiny but mighty’ local credit union that keeps profits where they belong—with our members.”