Posted on
20036
Third Federal (NASDAQ: TFSL) isn’t waiting for a second government stimulus this year to help its associates. During the company’s first-ever virtual Annual Winter Meeting, Chairman and CEO Marc Stefanski announced that all 1,000 Third Federal associates would be receiving a $1,500 net bonus to end the year, in addition to the company’s annual year-end bonus.
Chairman and CEO Marc A. Stefanski (Photo: Business Wire)
The bonus is for all of the hard work, dedication and loyalty associates have shown its customers and the company in 2020.
“As an essential business, our doors and our phone lines have been open to our customers since the early days of the pandemic,” Stefanski said. “With all of the uncertainty this year, we still found ourselves in the middle of a refinance boom, adding a significant amount to the workload. Although our associates have been under a tremendous amount of stress, they are still closing home loans in 45 days and providing excellent customer service to our customers. They live by our values of love, trust, respect and a commitment to excellence, and continue to do all they can to help us succeed.”