Credit Union Gives Back $11 Million in Member Rebates and Rewards
January 3, 2014
MIDLAND, MICH., Dow�Chemical Employees Credit Union recently announced a total of more than $11 million in Member Giveback Rebates and Rewards for 2013. The percentages of year-end rebates and rewards on loans and share/deposit accounts to be given back to the members are the highest in the credit unions history.
On January 1, 2014, DCECU members will receive these givebacks via:
- The year-end Loan Interest Rebate, which will rebate borrowers in good standing 60 percent of the total interest they paid on all eligible DCECU loans during 2013.
- The Member Saver Reward, which will give depositors in good standing an additional 60 percent of the dividends/interest they earned on DCECU shares/deposits in 2013.
- DCECU VISA� Check Card rebates of 0.125 percent of all signature-based transactions during 2013 and $0.01 for each PIN-based transaction during 2013.