The $809.3 million SAFE FederalCredit Union of Sumter, S.C., and the $585.8 million AMOCOFederal Credit Union of Texas City, Texas, have announcedrespective bonus dividend payouts of $2.5 million and $1 millionfor 2012.
SAFE FCU said it paid members $2.5 million in bonus dividendsand loan interest rebates on Dec. 31. Members with depositaccounts, including certificates, received a 15% bonus based ondividends they received in 2012, and members with loan accounts,with the exception of credit cards, received a 10% interest rebatebased on the total interest they were paid in 2012, the SouthCarolina credit union said.
The 104,000-member credit union said it has paid a bonusdividend for the past 17 years and a loan interest rebate for thepast 10 years.
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Natasha Chilingerian
Natasha Chilingerian has been immersed in the credit union industry for over a decade. She first joined CU Times in 2011 as a freelance writer, and following a two-year hiatus from 2013-2015, during which time she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union), she re-joined the CU Times team full-time as managing editor. She was promoted to executive editor in 2019. In the earlier days of her career, Chilingerian focused on news and lifestyle journalism, serving as a writer and editor for numerous regional publications in Oregon, Louisiana, South Carolina and the San Francisco Bay Area. In addition, she holds experience in marketing copywriting for companies in the finance and technology space. At CU Times, she covers People and Community news, cybersecurity, fintech partnerships, marketing, workplace culture, leadership, DEI, branch strategies, digital banking and more. She currently works remotely and splits her time between Southern California and Portland, Ore.
