Friday, January 29, 2021
SAFE Federal Credit Union Gives $1.05 Million Back to Members
Members of SAFE Federal Credit Union received annual bonus dividends and interest rebates on December 31 totaling more than $1.05 million.
Payments were based on members’ account usage. Deposit accounts received a 5.0 percent bonus based on dividends received in 2020. Loan accounts received a 2.25 percent rebate based on total interest paid in 2020.
SAFE has paid more than $33 million in bonus dividends and interest rebates to its members over the last 24 years.
“When SAFE does well, we want to share with our members who made it possible,” said SAFE’s President and CEO Michael Baker. “That is why our member givebacks are such a prized tradition year after year.”