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JAY OTIS Federal Credit Union is pleased to announce that it posted a 6% Bonus Dividend and Interest Refund on January 1, 2021, resulting in a total of $347,795.58 paid out to members for the year 2020. Over the past sixteen years, OTIS FCU has returned over $5,491,449 to both its savers and borrowers via this annual practice.
“We are proud to be able to post a 6% Dividend Bonus and Interest Refund,” said Kim Turner, President and Chief Executive Officer of OTIS FCU. “The year 2020 held many unknowns as the pandemic swept through the country, impacting so many households and businesses, and to be able to give back a portion of our profits for the 16th consecutive year is profound. We thank our loyal members for their commitment to us, especially during these unprecedented times, and hope that this Bonus Dividend and Interest Refund reflects our continued commitment to our members’ financial success.”