70% Member Giveback announced for 2017 December 20, 2017
For the 37th consecutive year, DCECU is returning a share of our earnings to our members.
- A year-end Loan Interest Rebate of 70% of interest paid on rebate-eligible DCECU loans during 2017
- The Member Saver Reward, which will add 70% to the dividends/interest earned on DCECU shares/deposits in 2017
- DCECU VISA® Debit Card Rebates of 0.125% of all signature-based transactions and $0.01 for each PIN-based transaction during 2017
“Our members are extremely loyal, and we are happy to thank them for their loyalty by providing year-end rebates and rewards when we are able to do so,” said DCECU President/CEO Dennis Hanson. “And when we’re giving back $700 to a member for every $1,000 in interest he or she has paid on eligible loans for the year, we know this money can really add up. The possibilities are almost endless; some members use the money to pay off holiday expenses, pay for tuition, purchase a big-ticket item, or take care of other needs and wants.”
The total dollar amount of the 2017 Member Giveback will be announced in early January, after the rebates and rewards have been deposited to members’ accounts. Watch the DCECU News web page for updates.
While year-end rebates and rewards occur with great regularity, this credit union benefit is not guaranteed. Membership eligibility required. ↩︎
Defined as those members who have at least $5 in their Share Account on December 31; have had no delinquent accounts; have not had adverse collection activities on their accounts; and have not had accounts charged off. Members who are in default or who have caused the credit union a loss typically are not eligible for year-end rebates and rewards. ↩︎