CHAMBERSBURG, Penn. – Patriot FCU said it paid its members another $200,000 in bonus dividends for the fourth quarter, making a total of $1.1 paid out by the $375 million credit union for 2007.
Members received a 3% bonus on checking and savings interest earned between Oct. 1 and the end of December, and a 3% rebate on interest paid for qualifying loans during the same time period.
The funds were paid into member accounts on Dec. 31.
The credit union, which paid $500,000 in dividends for the first quarter, $200,000 for the second quarter, and $250,000 for the third quarter, plans to change its policy and pay a single bonus for this year.
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