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

By Staff Report, posted Dec 28, 2022 on BizFayetteville.com

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.

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