Hanscom Federal Credit Union announced that it will pay out a "loyalty dividend" to members that will return 2% of most consumer loan finance charges as well as 2% on dividends earned on savings.
The special payment will be posted to member accounts Thursday.
Based in Hanscom Air Force Base, Mass., the credit union has $1.1 billion in assets.
Hanscom FCU said this marks the 18th consecutive year the credit union has paid such dividends, having returned more than $8 million directly to its members since 1996.
"We are continually grateful for our members' support and their confidence in us," said Hanscom FCU Chairman of the Board Paul Marotta. "They make it possible for us to give this special dividend every year. I am proud we are able to offer this gesture of gratitude."
