Empower Federal Credit Union announces $3.5 million ‘give-back’ bonus dividend and interest rebate
SYRACUSE, NY (January 5, 2018) — Empower Federal Credit Union announces another ‘give-back’ to our members for 2017. This year, the credit union is paying $3.5 million in ‘give-back’ bonus dividends and interest rebates to reward Empower members for a successful year.
James Reynolds, Senior Vice President of Operations shared, “we are pleased to be able to reward our member-owners with another giveback for the 10th year in a row. Empower has now given back $27.5 million to our members. This strong financial year was thanks to the many members who join and take advantage of the products and services we offer. As a result, we are able to share this success and make a difference in their financial lives.” The amount each member receives represents a percentage on savings account dividends earned and a rebate on loan interest paid throughout the year.
Members bonus dividends and interest rebates were posted on December 31, 2017.
Members must be active in the credit union to receive the bonus dividend/interest rebate.
About Empower Federal Credit Union
Empower Federal Credit Union is a full-service financial institution that provides savings, loan, and transaction services to members in Central New York, and in eight counties in New York State. Main offices are in Central New York. As a credit union, Empower is a financial cooperative and is not-for-profit. For information about this release or credit union membership, contact Mary Wilson: 800.462,5000. Locations and other information can be found at www.empowerfcu.com.