Beacon Credit Union Announces $1.8M In Bonus Dividends
Posted
-
WABASH – Beacon Credit Union Board of Directors announced a $1.8 million bonus dividend to the membership.
The bonus dividend will be paid on or before Dec. 19 and is based on the daily average balance of total deposits from Jan. 1 through Nov. 30, 2022, according to a news release from Beacon.
“Beacon’s not-for-profit model is what makes us such an attractive choice when it comes to banking. It enables us to return a portion of our earnings back to our members and makes this bonus dividend possible.” stated Kevin Willour, president/CEO. “We have provided a loan interest rebate over the years and continue to do so. We also understand our communities are experiencing tough times with inflation and we are more than excited this year to provide a bonus dividend on the deposit side, giving back even more to our members.”
For more information on the bonus dividend, visit beaconcu.org/news.
