BATTLE CREEK, MICH. — OMNI Community Credit Union, said it has paid an annual cash rebate back to its members.
Ted Parsons, chief executive officer of the $334 million CU, said this year's payment amounted to $1.15 million.
"This is our eighth consecutive year of being able to return some of our earnings to our members," said Parsons. "We wouldn't be where we are without them. Their loyalty not only keeps us financially sound; it gives us the ability to offer financial support in our communities as well."
Since the start of its Cashback Rebate program, OMNI said has given back about $7 million back to members.