
From left to right: Chris Bouchard, President/CEO, and Darice Roy, Executive Vice President, at OTIS FCU.
OTIS FCU is pleased to announce that a 10% bonus dividend and interest refund of $1,071,959.30 was posted to member accounts on January 1, 2025. This return represents the credit union’s financial success in 2024 and is its largest bonus to date. Over the past 20 years, OTIS FCU has returned over $8 million to both its savers and borrowers through this practice.
“At OTIS, our members are shareholders of the credit union,” explained Chris Bouchard, President/CEO at OTIS FCU. “Profits are returned to our members through higher deposit rates, lower borrowing rates, fewer fees, and improvements in technology and services. Over the last 20 years, we have directly shared our success through the ‘OTIS Advantage,’ returning an annual bonus dividend and interest refund, rewarding members according to their economic participation in the credit union. We are proud to serve our membership and grateful to be able to put over one million dollars back in their pockets this year. It is just another way to thank our members for choosing OTIS FCU.”