SUMTER, S.C. — SAFE Federal Credit Union members were recently rewarded for a productive 2006.
The $479 million credit union declared $1 million in bonus dividends and loan interest rebates. Deposit accounts, except certificates, received a 17.5% bonus based on dividends received in 2006. Loan accounts, excluding credit cards, received a 4% interest rebate based on total interest paid last year.
SAFE has paid bonus dividends annually for the past 10 years and loan interest rebates for four of the 10, including the last two years, according to the credit union.
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"We appreciate our members support of SAFE and thank them for helping us have an exceptional 2006," said Beverly Gagne, president/CEO. "We look forward to another successful year in 2007. This is just one of the ways we share our success with the members who made it possible."
The credit union serves 99,000 members.
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