Paying extra bonus money to employee, special gift more salary or premium payment for high performance worker concept, businessman boss hand giving banknotes cash with reward ribbon. Source: Adobe Stock.

This time of year in St. Paul, Minn. the temperature drops and the days get shorter. On the bright side, there are 550 employees of Affinity Plus Federal Credit Union who have received a surprise from executives that just might make the approaching winter much more tolerable.

Friday afternoon, the St. Paul, Minn.-based Affinity Plus ($3.5 billion in assets, 227,703 members) announced it is rewarding its employees with a 4% pay raise that goes into effect Dec. 22. What’s unique is the pay raise will be applied retroactively and “employees will receive a lump sum check for back pay for the entire year.”

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Michael Ogden

Editor-in-Chief for CU Times.

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