SRP Federal Credit Union is proud to share an exciting giveback to our credit union members. In December, the SRP FCU Board of Directors approved a Loyalty Dividend to be paid out across our membership. The additional dividend was designed to reward SRP members and to recognize the financial strength of the Credit Union. The Loyalty Dividend paid to SRP members totaled over $1.5 million.
This reflects SRP’s belief in the “People Helping People” credit union philosophy. SRP FCU is a member-owned nonprofit financial institution with a volunteer Board of Directors. As such, our members can receive higher interest rates on savings, lower rates on loans, and lower fees.
“Creating value for and giving back to our member-owners are strategic priorities for SRP,” says SRP CEO Eric Jenkins. “This Loyalty Dividend is a tangible example of how we accomplish this goal. We are so appreciative of our members loyalty and support!”
Over $1.5 Million paid in a Loyalty Dividend is just another way “Good Things Are Happening at SRP!”
SRP Federal Credit Union is headquartered in North Augusta, SC and provides financial services to more than 180,000 members. For more information on SRP Federal Credit Union, visit www.srpfcu.org.