Credit Union Members Get Rewarded!

In today’s challenging economy, FAA Credit Union continues to put members first. This year, the Oklahoma City based credit union returned $240,000 to members through a rebate program that is in its 11th consecutive year with members receiving an extra deposit in their accounts as a nice surprise to start the new year.

The rebate was given to any member who paid out interest on a consumer loan or earned dividends on a savings. Accountholders received a two percent rebate on any interest paid in 2012 (excluding real estate loans) and two percent bonus on dividends earned during the year (excluding Individual Retirement Accounts).

Steve Rasmussen, Credit Union President and CEO comments “Financial instuations around the nation continue to face a rough economic climate, costly regulation changes and record low interest rates, but FAA Credit Union makes it a point to give back to our members because without them, we would not exist. This rebate demonstrates our commitment to the credit union philosophy of helping people and our dedication to member service. Because we are a not for profit, thisbonus is paid from income made throughout the year. It’s a great way to thank our members for their business.”

This is just one more way FAA Credit Union is serving the community. With headquarters in Oklahoma City and seven branches in the Oklahoma City metropolitan area, FAA Credit Union has been serving members for more than sixty five years.  Today, the credit union has more than 46,000 members with assets in excess of $530 million and serves members in the Canadian, Cleveland, Grady, Lincoln, Logan, McClain, Oklahoma and Pottawatomie counties.  Additional information about the credit union is available by visiting www.faaecu.org