evolve FCU believes it is necessary to reward and thank its shareholders for choosing them as their financial institution of choice above the rest. After a successful 2022, evolve FCU is excited to give back 1.75 million dollars to its members through their exclusive Patronage Dividend!
The Patronage Dividend is distributed to evolve FCU members based on their product relationship and membership levels. The more loans and shares you have with the credit union, the higher your return will be. Each product is given a percentage value and then calculated to determine the Patronage Dividend payout amount. On Tuesday, January 24th, thousands of evolve FCU members had their dividend payout deposited into their Savings account.
Since 2015, evolve FCU has paid a total of $15.5 million back to its members who have chosen to make evolve Federal Credit Union their financial institution of choice.
evolve FCU’s President and CEO, Ken Walters, stated the following, “evolve FCU Board of Directors and Staff are proud to announce that the Patronage Dividend was paid again for 2022. As we all know 2022 was a turbulent year, particularly going into the fourth quarter, but evolve FCU’s business decisions early in the year paid off for all of us and we can once again pay the Patronage Dividend to the tune of $1.75mm to our members. evolve FCU is the only credit union in El Paso to pass along over $15mm to our members since 2015. As President/CEO, I would like to thank our members for their loyalty as that is the key to our success and our ability to pay the Patronage Dividend. Thank you for your business and enjoy your Patronage Dividend.”
evolve FCU builds member loyalty through service, trust, and value by providing the ultimate credit union member experience with the one and only Patronage Dividend and the highest earning checking account in El Paso. They continue to enhance their online banking features, as well as their mobile capabilities for convenience and ease. evolve FCU is grateful for its membership and looks forward to continuing to evolve together.
To learn more about the patronage Dividend, please visit us at: https://www.evolvefcu.org/calculator/patronage-dividend