For the fourth year in a row, the ORNL Federal Credit Union Board of Directors approved a special dividend to be shared across the membership. The $5 million special dividend was issued to members on Friday, October 22. Since 2018, ORNL FCU has returned
$16 million in value to the membership.
Over 123,000 members received a special dividend. Members were paid based on the depth and breadth of their relationships and balances over the last 12 months.
For the third year in a row and coinciding with the $5 million special dividend announcement, ORNL FCU also revealed that seven randomly-selected members had their auto loan balances paid off in full. In addition to paying these auto loan balances, the Credit Union provided each of the winning members with a check to cover the estimated taxes they would owe on the value of their loan payoff.