TRI-COUNTY, S.C. (CN2 NEWS) – Founders Federal Credit Union making a big announcement during a Super Bowl LVII Commercial – they were giving back $20 Million to its members. Those receiving some of the payout would have seen the money in their accounts on Monday, February 13, 2023. The Super Loyalty Bonus Dividend was credited to Loyalty Select account holders’ accounts and was based on the dividends earned and interest paid by them in 2022.
The credit union says this the largest payout to date by Founders. In total they’ve given back to members in the form of bonus dividends, $100 million since 1995. CEO and President of Founders Federal Credit Union, Bruce Brumfield stopping by CN2 to share more its giving program. Click above for full story and interview.
See Press Release below:
Press release from Founders Federal Credit Union
Founders Federal Credit Union announced via a Super Bowl LVII Commercial it is
returning $20 Million to its members on Monday, February 13, 2023. The Super Loyalty Bonus Dividend was deposited into account holders’ Loyalty Select accounts on Monday, February 13, 2023 based on their dividends earned and interest paid for 2022.
President and CEO Bruce Brumfield highlighted the credit union’s successful
2022 as the reason this year’s bonus was considerably higher than in past years.
“Founders appreciates our members in substantial ways that truly give back to
them and help them achieve their financial goals,” Brumfield said.
He added, “We chose to announce this exceptional Super Loyalty Bonus Dividend
during Super Bowl LVII because it was worthy of some extra fanfare. We wanted to
reach as many of our members as possible and we wanted to create excitement
for them as well. We couldn’t do this without our members and their loyalty to us.”
“Plus, we knew it would be an excellent marketing message to any non Founders
members in the audience. I mean if you aren’t banking with Founders, we just
gave you 20 million reasons to change that.”
Brumfield was also quick to offer his appreciation for Founders’ employees and
their Board of Directors, “Our employees do what is right for our members each
and every day and our Board of Directors is constantly looking for ways we can
improve member service and be a better place to bank.
This is the largest payout to date by the credit union which brings their total return
to members in the form of bonus dividends to $100 million since 1995.