HANSCOM AFB, Mass. — Hanscom Federal Credit Union on Friday announced its "Loyalty Dividend" payout to members for 2014 — which returned 2% of most consumer loan finance charges and 2% on dividends earned on savings.
The $1 billion CU said the dividend payment was posted to member accounts on Dec. 31. It was the 17th consecutive year the credit union paid a dividend, returning more than $8 million directly to its members since 1996.
"Our members are the driving force behind our success," Paul Marotta, Hanscom FCU's chairman of the board, said in a statement. "Their confidence in us and their patronage have made the Loyalty Dividend possible. Hanscom FCU members deserve not just our thanks, but a gesture that shows we mean it. I'm proud we've been able to offer one continuously for nearly two decades."
Hanscom FCU serves 56,362 members across the nation and overseas through 17 branches.