$800,000 Quarterly Payment to Innovation Members

Innovation Credit Union was pleased to announce an $800,000 distribution to its membership based on this quarter’s financial results. This marks its second $800,000 quarterly distribution this year, adding to the approximate $21.5 million total over their 10 years as Innovation.

“It’s part of our ongoing dedication to responsible banking,” says Innovation CEO Dan Johnson. “The quarterly allocation and cash dividend are just two components of our Member Rewards program. We offer rewards for everyday banking activities to help our members save and earn more money every day. Our No-Fee account, free digital services, exceptional investment products, our community support; they all contribute to our members’ best interests.”

The allocation even includes a youth cash dividend Innovation makes to members under age 18.

“Our youth are very important to us,” says Johnson. “We always welcome the opportunity to speak to them about the importance of saving and budgeting, lifelong skills that can help prepare them for things like purchasing their first car, home, attending university or entering the workforce.”

Click here for further details on the Member Rewards program.

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Federal Continuance

For information on upcoming changes to DEPOSIT INSURANCE if we become a federal credit union, see our disclosure notice. Creditors who have concerns may contact Innovation Credit Union.