Banking & Finance

Fort Bragg Federal Credit Union distributes $1,000,000 in Loyalty Dividends

By Staff Report, posted 1 year ago
Photo courtesy of FBFCU

Fort Bragg Federal Credit Union announced today that it paid $1,000,000 in Loyalty Dividends to 20,500 qualifying member-owners on Dec. 20, 2022. For the fifth year in a row, Fort Bragg Federal Credit Union has paid a Loyalty Dividend based on deposit and loan relationships of members who trusted the Credit Union to assist them with their financial needs during 2022. Approximately 55 percent of the Credit Union’s total membership received a dividend with some receiving as much as $500. 

“Our Board of Directors has once again authorized the payment of this special dividend to recognize our most loyal members,” said President and CEO of Fort Bragg Federal Credit Union Todd Kenthack in a press release. “As a financial cooperative, we are able to return a portion of our Credit Union’s earnings to our member-owners. This sets us apart from many for-profit financial institutions. December is the perfect time of the year to give back to our most loyal members.”

Fort Bragg Federal Credit Union membership is open to Military and Civilians in Cumberland, Harnett, Hoke, Lee, Moore, Scotland, and Robeson Counties. To learn more about their Loyalty Dividend and all the benefits of FBFCU membership go to www.FortBraggFCU.org.

Ico insights

INSIGHTS

SPONSORS' CONTENT

In The Current Issue

It’s on at comic con: Pop culture, panels, contests and more! Fayetteville Comic Con returns in 2024

This year’s convention will feature vendors, cosplay contests for all skill levels and celebrity guests. Photo provided by Fayetteville Comic ConFayetteville Comic Con returns to the Crown Coliseum this April 27 and 28 jam packed with a series of spe


An ode to spring…and pollen

I can honestly say that I have never felt more like a piece of fried chicken in my life, with the way this pollen has been raining down and the expected temperatures for this upcoming summer season, I feel like we’re all about to be fried lightly on


Rich in relationships: The Future Rich Aunties Business Conference cultivates a supportive environment where women can learn to build wealth and their network

Guest speakers from last year's gala (left to right): Camy Kennedy, Sylvia S. Glanton, Charlene Richardson, Taylor Bradley. Charlene will be joining Sylvia again this year as a guest speaker. Photo provided by the Future Rich Aunties, captured by Jam