CU SoCal doubles up on bonuses

Credit union compensates employees amid pandemic.

Dave Gunderson

Credit Union of Southern California (CU SoCal) in Anaheim ended 2021 by giving out a pair of bonuses to every employee.

The $2.1 billion asset credit union issued a holiday bonus Nov. 19, followed by an inflation bonus Dec. 17.

The amount of the holiday bonus depended on the employees’ role and tenure.

However, every full-time employee received a $1,000 inflation bonus, while part-time employees and employees hired after Oct. 1 received a prorated inflation bonus.


continue reading »