First Financial of Maryland Federal Credit Union, Lutherville, Md., gave back "loyalty rewards" of more than $2 million to members based on the products and services they used throughout 2017, the $1 billion CU announced today.

Eric Church, president and CEO of First Financial of Maryland Federal Credit Union
Eric Church, president and CEO of First Financial of Maryland Federal Credit Union

The cash awards were automatically deposited into member accounts.

The payout saw a bonus dividend of 15 percent on all dividends earned in 2017 on share accounts. Borrowers were entitled to a 10 percent interest rebate on non-real estate loans and every active "5-Star Member" was credited an additional $100. In addition to reward deposits, First Financial Visa credit card users automatically receive a 1 percent cash rebate of purchases made year-round, which also hit accounts on the morning of Jan. 1.

“Member loyalty is an essential component of a successful credit union,” President and CEO Eric Church said in a press release. “We feel humbled by the commitment that our members exhibit and sharing in our success is our way of paying homage to that relationship.”

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