"Now more than ever, it's so important that we support them every way we can," Church said. "We know every little bit helps, especially during these unprecedented times, and our quarterly rewards program is just another way for us to give back to our members."

The first-quarter payment is on top of $2 million it paid members in 2019 as special dividends and rebates, or about $30 per member. For the 12 months ending Dec. 31, First Financial generated $7.4 million in net income, up 143% from 2018. Its return on average assets was 0.72%, up 42 basis points.

The credit union has nearly three times the 7% net worth ratio the NCUA requires for a credit union to be classified as "well capitalized." It ended the year with net worth of $216.6 million, up 3.5% from 2018, and net worth ratio of 20.89%, up 10 bps.

First Financial checking account holders earned more than $245,000 in checking dividends alone. Altogether, debit and credit card holders received over $410,000 in cash rebates.

In addition to its first quarter dividends, First Financial said it is offering additional resources to provide its members with financial relief during the pandemic, including loan payment deferrals, increased availability of funds and no penalties on early withdrawals from share certificates.