NEW HARTFORD, N.Y. — GPO Federal Credit Union has declared a 7% Dividend Bonus and a 5% Interest Rebate that will amount to nearly $345,000 total paid to members.
"The payment of the dividend bonus and interest rebate solidifies the value of being a member/owner of GPO," said John Prumon, the $100 million CU's CEO. "At GPO, our focus is always our members."
This Dividend Bonus and Interest Rebate are a part of GPO FCU's 75th Anniversary Celebration.
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Members will receive a 7% Dividend Bonus on dividends that were earned on their accounts in 2006 and members who currently have loans with GPO will receive a 5% Interest Rebate on all of the interest that was paid during the last year.
All dividends and rebates will be calculated (in aggregate) and deposited directly to members' regular share accounts on Dec. 31, 2006.
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