SAFE Federal Credit Union gives more than $1.2 million to members
January 14, 2019
Members of SAFE Federal Credit Union received annual bonus dividends and interest rebates on December 31 totaling more than $1.2 million, based on their account usage.
The payments were based on members’ account usage. Deposit accounts, including certificates, received a 10 percent bonus based on dividends received in 2018. Loan accounts (except credit cards) received a three percent rebate based on total interest paid in 2018.
SAFE has paid more than $31 million in bonus dividends and interest rebates to its members over the last 22 years.
“That’s part of what makes credit unions different and it’s what helps SAFE stand out from other choices you have when it comes to banking,” said SAFE’s President and CEO Darrell Merkel.
About SAFE Federal Credit Union
SAFE Federal Credit Union, founded in 1955, is the largest credit union based in the Midlands, with over $1 billion in total assets, 125,000 members, and 17 branches. Membership is open to anyone who lives, works, worships, or goes to school in Sumter, Lee, Kershaw, Clarendon, and Florence counties, as well as parts of Richland, and Lexington counties. Membership is also open to employees of more than 500 companies located throughout the Midlands and relatives of those eligible to join. Connect with us at www.SAFEfed.org, on Facebook.com/ SAFEfederalcreditunion or @SAFEFCU
