Workers' Credit Union in Fitchburg, Mass., hasn't had to look hard to find something to brag about lately.

For starters, WCU is celebrating its 100th anniversary. Assets pushed the credit union into the Billionaires Club. WCU gave back more than $2 million to its members, the first such payout in the credit union's history.

Money was deposited into member's accounts Feb. 13, including 30 basis points for checking accounts; 20 basis points for savings, consumer loans and checking account lines of credit; and 10 basis points for mortgages, refinances, home equity loans and equity lines, and CDs.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.