OTIS FCU Returns $277,759.57 to Members with Bonus Dividend and Interest Refund

OTIS FCU is pleased to announce that it posted a 5% bonus dividend and interest refund on January 1, 2023, resulting in a total of $277,759.57 paid out to members for the year 2022. Over the past 18 years, OTIS FCU has returned over $6 million to both its savers and borrowers through this annual practice.

“For all of us at OTIS, 2022 was a year of change,” said Chris Bouchard, President/CEO at OTIS FCU. “We want to thank our members for working with staff as they endeavored to navigate those changes. The 5% bonus dividend and interest refund was a result of the credit union’s success last year, and we were grateful to return it to our members.”

OTIS FCU’s bonus dividend and interest refund program is the only one of its kind statewide, rewarding members in proportion to their economic participation in the credit union.