Workers Credit Union GiveBack: Sharing Success

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What would you do if your bank wanted to give you money just for doing business with them? Sounds too good to be true doesn’t it? What if I told you a credit union based out of North Central Massachusetts has been doing that for the past 4 years.

Workers Credit Union once again rewarded their members for doing business with them by paying out an astounding $3.3 Million. This is the fourth year in a row that Workers Credit Union has rewarded their members just for banking at the community-based credit union.

Each member is given a deposit based on their deposit account balances, including checking and savings accounts, and loan balances, such as auto loans or mortgage loans during 2016. The Board of Directors determines each year if there will be a payout based on how well the credit union performs.

Who is eligible for this amazing program?

Literally, all you have to do is be a member with an eligible account. The process is simple. If you live or work in Massachusetts you are already halfway there. To become a member you simply need to open a Share Savings Account. That’s it!

Which accounts are eligible?

Remember, the more accounts you have, the higher GiveBack deposit you will receive.

Deposit Accounts:

·         Personal Checking Accounts

·         Savings Accounts

·         Money Market Accounts

·         Certificate of Deposit

Loan Accounts:

·         Auto Loans

·         Personal Loans

·         Checking Account Line of Credit

Mortgage Accounts:

·         Mortgage loans

·         Finish Line Refinance loans

·         Home Equity Loans and Lines of Credit

Business Accounts:

·         Business Checking Accounts

·         Commercial Loans

·         Commercial Mortgages

According to Doug Petersen, president and CEO, the credit union continues to receive positive feedback on the payout. “They really appreciate being recognized, through our GiveBack program, for doing business with a locally based organization. We believe we are the only local financial institution to offer this unique payout.”

Additional information on the GiveBack Program and how the payout is calculated can be found at www.givebackcalculator.com. The amount is based on the average balance for the year in all eligible deposit and loan accounts.

Workers Credit Union, home of the $3.3M GiveBack program, is headquartered in Fitchburg, Mass. With assets of $1.5 billion, the credit union serves over 93,000 members from sixteen offices in Acton, Chelmsford, Fitchburg, Gardner, Groton, Lancaster, Leominster, Lunenburg, Orange, Townsend, Westford and Workers Online at wcu.com.

Cox Media Group