Advertising Disclosure
  1. Home
  2. Community
  3. Miscellaneous
  4. List Of Credit Unions Giving Out Year-End Payouts To Members 2023

List Of Credit Unions Giving Out Year-End Payouts To Members 2023

sams1985
  |     |   781 posts since 2022

I learned about this the other day and did some digging. Thought it might be useful considering this could potentially add some significant basis points to a CD. Many of these CU's added well over 5% to your total dividends earned. Please list any that I may have missed.

Advanz Credit Union- $75,000

American Airlines FCU- $10 million

American United Credit Union- $380,000

Arizona Financial Credit Union- $6 million

Ascend Federal Credit Union- $5 million

Bank Fund Staff CU- $3 million

Beacon Credit Union- $1.8 million

Charter Oak FCU- $815,000

Citizens Equity First Credit Union- $20 million

Clark County CU- $2.6 million

CommunityAmerica CU- $9.5 million

CoVantage Credit Union- $5 million

Desert Financial Credit Union- $16 million

Dow Credit Union- $14 million

Eastman Credit Union- $15 million

Educators Credit Union- $5.1 million

Elko Federal Credit Union- $500,000

Empower CU- $4.5 million

ESL FCU- $25 million

Evolve FCU- $1.75 million

Firefighters First CU- $2.3 million

Fort Bragg FCU- $3.775 million

Fort Community CU- $300,000

Goldenwest Credit Union- $3.75 million

Heritage South Credit Union - $250,000

Niagara’s Choice FCU- $193,000

Nusenda Credit Union- $7.8 million

OMNI Credit Union- $1.8 million

OTIS FCU - $280,000

PAHO/WHO FCU- $350,000

Police and Fire FCU- $22-million

Robins Financial Credit Union- $18 million

Rome Kraft Employees CU- $80,000

SAFE FCU- $2.16 million

Scott Credit Union- $1 million

Skyward Credit Union- $300,000

Space City Credit Union- $175,000

Top Tier FCU- $350,000

TTCU Federal Credit Union- $3.9 million

Tyndall FCU- $13.7 million

Valley Credit Union- $228,000

Wright-Patt Credit Union- $11 million

  Post a comment
14


txFish1
  |     |   479 posts since 2023
sams I cant add to the list as they got bought but you are correct it can add a nice bonus to the bottom line. Back in the 1990's-2000's Community Credit Union here in Texas would have a member giveback every December. I had several CD's and a checking and money market account with them (always had good rates) and right around mid-December they would put the bonus in my share savings and it was a nice little Christmas gift. Unfortunately they got bought out and merged into a Bank who I hated and closed my accounts but for several years the bonus was nice!
Reply
7
enduser
  |     |   711 posts since 2015
Two additional to add to your list. CU Times is a free to read with email registration.

https://www.cutimes.com/2023/12/15/four-credit-unions-award-18-million-in-special-dividends/?slretur...

Founders Federal Credit Union of Lancaster, S.C.
paid members $10 million Tuesday, Dec. 12 as a Loyalty Bonus Dividend. The amount represents about $38 per member

Energy Plus Credit Union of Indianapolis, Ind.
paid members $34,000 Nov. 30 as a special Bonus Dividend and Loan Interest Rebate. The amount represents about $8 per member
Reply
5
Rickny
  |     |   1,297 posts since 2017
Never had a CU credit me with an end of year bonus. I have dealt and still do business with many.
Reply
5
RichardW
  |     |   821 posts since 2019
sams1985, thank you for compiling this list. With the 42 credit unions you discovered and the 2 which enduser found, we have currently identified 44 credit unions that provide year-end bonuses. If we do not locate many more, it appears that only about 1% of the 4,645 credit unions provide year-end bonuses. (I utilized the number 4,645 which is listed in this NCUA document: https://ncua.gov/files/publications/analysis/quarterly-data-summary-2023-Q3.pdf )
Reply
5
Peyton18
  |     |   21 posts since 2019
Eastman Credit Union is paying 16 million this year. The dividend is based on the combination of dividends earned on deposits and interest paid on loans the prior calendar year (2023). ECU has been doing this since 1998 and has returned 193 million dollars back to members just for banking with them.
Reply
3
Shelby
  |     |   19 posts since 2018
Founders FCU has paid a total for 2023...  $30 million back to select members. Their rates are/have not been sub-par, in fact at the moment they are offering a 3 yr. CD @ 5.61% APY. My personal payout for both loyalty bonuses amounted to more than $7,000 for 2023. So yes, having a relationship with a CU that pays a year end bonus to members can be a very nice year end benefit. Sams1985, nice idea listing CU's with a year end payout, you are surely focused on good ideas that may help others!
Reply
4


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.