The Clarion Federal Credit Union is delighted to announce that the Board of Directors has approved a special bonus dividend in the amount of $ 350,000 to be paid to members at the end of the year. The amount each member receives is based on the relationship they had with the credit union throughout the year 2021.
This year’s bonus marks the 6th consecutive year the credit union has given back to its members, bringing the total to $ 1.85 million. The structure of the Special Bonus Dividend is based on the following relationships:
- Debit card active
- Active direct deposit
- Relationship with multiple accounts
- Home banking user
- Electronic statement user
- Bonus dividend for deposit holders -% additional interest earned since the start of the year
- Bonus dividend for borrowers -% multiplied by interest paid since the beginning of the year (excluding credit cards)
The Clarion Federal Credit Union is the only local financial institution to give money back to its members. What is your financial institution doing for you?
Federal Credit Union Clarion
Locations in Clarion, Brookville, Cranberry
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