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From the February-07, 2007 issue of Credit Union Times Magazine • Subscribe!

HealthCare Associates CU Gives Back $387,700 to Members

NAPERVILLE, Ill. -- Members of HealthCare Associates Credit Union recently received a financial boost to their savings accounts.

The $174 million credit union thanked members for a strong 2006 with a $387,700 "Member Give Back." The money was disbursed based on product usage and member loyalty, the CU said. The product usage segment of the Member Give Back was determined by savings products and loan interest paid. The second of the two measurements was based on membership of 20 years or more and the continued use of at least two active services, according to the CU.

"We have received an overwhelming response to the Member Give Back; it is wonderful sharing the success with members who made it possible," said Jan Brannon, president/CEO of HealthCare Associates CU.

Formed in 1979, the CU serves more than 38,000 members and its field of membership extends to more than 500 hospitals in Illinois, and health-related associations and select geographic regions in the Chicago area.

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