PORTLAND, Ore. – Providence FCU rewarded its members with what amounted to a $100,000 bonus dividend by bumping their rates by 2% in their Regular Savings, New Age, Prime Time and Money Market accounts.
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Members with $5 or more in any of those accounts had the opportunity to earn up to 3.25% APY in the month of December.
"We are very excited and proud that we have been able to return thousands of dollars back to our membership for the past several years," said Shirley Cate, president of the $90 million credit union. "While some banks chose to give big bonuses for themselves, we chose to give the bonuses to our members."
