Empower FCU Pays Members $2.5 Million Bonus

SYRACUSE, N.Y. – Empower FCU said it paid its members a $2.5 million “give-back” bonus dividend and interest rebate.

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“Despite a challenging economy, 2011 was a strong year for Empower, so we are paying our members a give-back dividend and interest rebate,” said John Wakefield, president of the $1-billion credit union.

The amount each member received represented a percentage on savings account dividends earned and a rebate on loan interest paid throughout the year, the credit union said.

 


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