A Special Message from CEFCU’s President/CEO Matt Mamer President/CEO
What would you do with some extra cash in your pocket? Thanks to the $40 MILLION EXTRAORDINARY DIVIDEND, CEFCU's borrowers and savers were able to enjoy a little extra cash just in time for the holidays. Authorized by the CEFCU® Board of Directors, the Extraordinary Dividend was distributed in December and split evenly based on interest paid and interest earned during the first 11 months of 2023. We are proud to be able to share this success with CEFCU member/owners.
While not guaranteed to happen every year, the Extraordinary Dividend reinforces our belief in “people helping people.” Because at CEFCU, you’re part of a bigger community. The business you bring here not only benefits you through better rates and lower, fewer fees, it also helps support your community and fellow members.
The money returned to borrowers and savers as part of the Extraordinary Dividend is money members can choose to spend however they want. Members have reported treating themselves or loved ones to something special, giving back to an organization they care about, and even just having a little bit of extra room in their budget.
When you’re considering your financial goals for this year — consider how CEFCU could help. For many, adding to, or even just starting, their savings is a top priority. Whether that be for a particular goal — such as a big purchase or retirement — or just having a rainyday fund, CEFCU has a variety of Savings options to help you tackle your goals. And, what’s better — the Extraordinary Dividend returns money BACK TO SAVERS — that’s money returned on money earned! You can choose to bank anywhere. But, if you want to be part of an organization that has savers and borrowers helping each other, then the great choice is CEFCU.
The Extraordinary Dividend. One more extra for members. Visit cefcu.com/dividend to learn more