Robins Financial Credit Union pays $13M member rebate

Robins Financial Credit Union in Warner Robins, Ga., has paid out $13 million in member rebates.

John Rhea, president and CEO of Robins Financial Credit Union

The size of the rebates members received was based on several factors, including loan and deposit balances, years of membership in the credit union and overall usage of its products and services.

The $2.6 billion-asset institution said on Tuesday it has returned $25 million to members in rebates since 2017. Last December, it paid out $12 million in loyalty rewards.

“We give our earnings back to our members in the form of higher rates on savings, lower rates on loans, little to no fees and the most convenient products and services possible,” John Rhea, president and CEO for Robins Financial, said in a statement.

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