Workers' Credit Union, a $1.3-billion institution based in Fitchburg, Mass., reported it has deposited $3 million into its members accounts this month, based on account and loan balance data for 2015.
This marks the third consecutive year Workers' CU members have received a payout for "doing business" with the community credit union.
This year's payout was 20% higher than last year, a reflection of the "significant increase" in the number of members, as well as higher loan and account balances.
"We saw overall assets grow 14.1 % to $1.31-billion," said Doug Petersen, the credit union's president and CEO, in a statement.
The board of directors approved the payout, citing the credit union's "very good" financial shape, including a capital ratio at 11.8%, which is far above regulatory standards.
