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Windthorst FCU gives $300,000 to members in dividends and rebates

by Ken Anderson | Jan 11, 2019
The Windthorst Federal Credit Union board of directors announced that $300,000 in bonus dividends and loan interest rebates were paid to members for dividends earned on deposits and loan interest paid on loans for accounts in good standing as of Dec. 31, 2018.

The Windthorst Federal Credit Union board of directors announced that $300,000 in bonus dividends and loan interest rebates were paid to members for dividends earned on deposits and loan interest paid on loans for accounts in good standing as of Dec. 31, 2018.

This is the 16th year in a row that bonus dividends and loan interest rebates have been paid, totaling $2.4 million. Deposited rebates and dividends were paid to WFCU member share accounts and reflected on their Dec. 31, 2018, statements. 

“This is just one way our members can enjoy the benefits of belonging to a credit union where profits are returned to our member/owners,” said WFCU's CEO Judy L. Koetter.

About Windthorst Federal Credit Union
Windthorst Federal Credit Union will be celebrating 55 years of operation in 2019. Membership is open to all persons who live, work, worship, or attend school in Archer, Clay, Jack, and Young counties. Currently, the credit union has 2,800 members and assets exceeding $52 million. Learn more about Windthorst Federal Credit Union at windthorstfcu.org.