Western Federal Credit Union Announces "$Three Million Thanks" to Members
HAWTHORNE, Calif., Feb. 5, 2015 /PRNewswire-USNewswire/ -- Western Federal Credit Union, a not-for-profit financial institution, surprised members at the end of January by announcing a $3 million distribution as thanks for their product participation and loyalty in 2014.
"As a financial cooperative, the membership as a whole benefits by the collective participation of all members—borrowers helping savers, and savers helping borrowers," said Lisa Otomo, Vice President of Marketing. "Based on the tremendous cooperative activity by Western members in 2014, our Board of Directors decided to distribute $3 million as a special thank you."
Distributions to eligible members ranged from $5 to $42, based on account activity between January 1 and December 31, 2014.
Each year, Western strives to give back to members by expanding product offerings, adding new branches, new delivery channels, and maintaining highly competitive rates with little to no fees.
For more information on Western's "$Three Million Thanks," visit western.org.
About Western Federal Credit Union
Headquartered in Southern California, Western Federal Credit Union is one of the country's leading credit unions, with $2 billion in assets and 175,000 members nationwide. With 45 branches in 13 states, Western serves employees of Toyota, Northrop Grumman, and a growing number of additional sponsor companies in a diverse group of industries such as information technology, automotive, airline, retail, service, manufacturing, and aerospace. For more information, visit western.org.
Lisa Otomo, Vice President of Marketing
(310) 381-2285
[email protected]
SOURCE Western Federal Credit Union
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article