GEISMAR, La.–Wymar FCU has announced its fifth consecutive special dividend paid to members.
The credit union, which serves BASF Geismar employees and their immediate families, said it has paid out $400,000 to members. That was $100,000 more than was paid out in 2021.
Wymar FCU has paid out more than $1.24 million in special dividends over the past five years.
The $146-million credit union said in a statement that “While our entire nation has dealt with continuous struggles in 2021, the members of Wymar Federal Credit Union showed a tremendous contribution and CEO, Ronnie Stephens, and the board of directors couldn’t imagine a better way to show their appreciation.”
Wymar FCU said it also returns its profits to its members in the form of lower fees, better rates, and many other competitive products and services.
“In spite of all of the challenges of the past year, Wymar experienced our best year ever,” said Stephens. “This was only possible thanks to the loyalty and support of our member/owners and hardworking volunteers and staff.”