Hunt Valley, MD – Atlantic Financial Federal Credit Union is rewarding its valued members by issuing a 2015 year-end dividend bonus to members.
AFFCU board and management are proud to award a member bonus based on the outstanding financial performance of the credit union in 2015. In addition to prudent financial practices, the capital level is a direct result of the member-owners activity with the credit union.
Members are awarded a dividend bonus based on two criteria. Active members in good standing with the credit union received an additional 2.50% annual percentage yield bonus dividend on their deposits and a rebate of 2.50% of the interest they paid this year on any loan or credit card as a thank you for their loyalty. 6,284 AFFCU member accounts will share in the credit union’s success.
Matt Piazza, AFFCU President and CEO, stated “Simply put, this is our members’ money. The capital that we do not have earmarked for reinvestment into the credit union, we feel should be returned back to who it belongs to – our member-owners. Their use of our money saving products and services has a direct correlation to our financial success. Every time our members bring their financial business here, they are investing in AFFCU’s success. The bonus being returned has a direct correlation to this activity, coupled with the credit union’s strong financial results. It’s a great way to tell our members Thank You for trusting AFFCU for your financial needs, and that we are running THEIR credit union with sound, prudent financial practices, something the management team and board are very proud of. It’s a testament to our continued financial health and stability.”
AFFCU members enjoy the benefits of being a member year-round with great rates and low, minimal fees. This year-end dividend bonus is a great reward and another example of the AFFCU’s commitment to serving members with a unique banking experience.
Atlantic Financial Federal Credit Union (AFFCU), headquartered in Hunt Valley, Maryland, is a full-service financial institution serving the employees and their families of over 160 companies and organizations. Offering a full range of electronic services, members also have access to over 35,000 free ATMs and over 6,800 shared branches nationwide through the CO-OP Network. Visit www.affcu.org to learn more.