Banking & Finance

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

By Staff Report, posted 3 years 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
fayetteville-state-university dionne-hall headshott

Mental health matters at Fayetteville State University

Dionne Hall - Director, Center for Counseling and Accessibility Services, Fayetteville State University
firsthealth-of-the-carolinas sivakumar-ardhanari-md headshott

How High-Tech Heart Scans are Transforming Life-Saving Treatments

Sivakumar Ardhanari, M.D. - Medical Director of Cardiac Imaging, Firsthealth of the Carolinas
cape-fear-valley-health-system michael-ruzek-do-cpe-facep headshott

Cape Fear Valley Health hospitals earn high Leapfrog Safety Grades

Michael Ruzek, DO, CPE, FACEP - Chief Quality Officer, Cape Fear Valley Health System

In The Current Issue

Envisioning a better downtown: Cool Spring Downtown District's Amplified District Reenvision Awards honor downtown visionaries

Graphic courtesy of CSDDThe Cool Spring Downtown District is recognizing members of the downtown Fayetteville community with their Inaugural Amplified District Awards. While an award ceremony and town hall was intended for June 4, the Cool Spring Dow


ERA Strother bets on downtown Fayetteville with Hay Street move

ERA Strother Real Estate recently relocated its long-time office headquarters to 229A Hay St., trading its Ray Avenue site for a street-level presence on Hay Street.


Beyond the balance sheet: Looking beyond traditional banking to examine the bigger picture of growth opportunity and long-term success

The Greater Fayetteville Business Journal is excited to announce our second Power Breakfast for 2026: Beyond the Balance Sheet, a banking-focused event exploring the relationship between bankers and businesses. This event will have a regional fo