SAFE Federal Credit Union Gives $1M Back to Members

SAFE Federal Credit Union paid out more than $1 million in bonus dividends and interest rebates to member at the end of last year.

The credit union in Sumter, S.C., said in a press release Thursday that deposit accounts, including certificates, received a 10% bonus based on dividends received in 2016. Loan accounts (though not credit cards) received a 4% rebate based on total interest paid during last year.

The $1 billion-asset SAFE has paid bonus dividends and loan interest rebates annually for 21 consecutive years.

SAFE FCU has 114,000 members and 19 branch locations.

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