Sponsored: Clarion Federal Credit Union Gives $250,000 to Members

Clarion Federal Credit Union is a unique financial institution.

We are member owned so in our continuous effort to work for our members, the Board of Directors approved a Special Bonus Dividend for the second year in a row.  The Board authorized an additional $250,000 in dividends to be given to the members based on the relationship they had with the Credit Union in 2017. Over the past two years, the Credit Union has given members a total of $500,000.

The structure of the Special Bonus Dividend is based on the following factors:

  • Active Debit Card – $10.00 
  • Active Direct Deposit – $10.00
  •  Multiple Account Relationship – $5.00
  • Home Banking User – $5.00
  • E-statement User – $5.00
  • Bonus Dividend for Deposit Holders – % additional interest earned year-to-date
  • Bonus Dividend for Borrowers – % multiplied by the interest paid year-to-date (excluding credit cards)

Board President Deborah Boyles stated, “We are still the only local financial institution that is truly working for our member/owners.”  She continued, “We hope the Credit Union can continue to offer this Bonus Dividend in the future and that people in our local area take advantage of the Credit Union’s services.”

There are only a handful of credit unions in Pennsylvania paying a bonus dividend to their members.

Clarion Federal Credit Union, as measured by Callahan & Associates, is ranked #1 in the state of all credit unions with assets of $50M – $100M when measuring returns to members for three quarters in a row.

You are eligible to join the Clarion Federal Credit Union if you live, work (or regularly conduct business in) worship, attend school, or are a business in Clarion, Jefferson, Forest or Venango counties in Pennsylvania.  The Credit Union offers a wide variety of financial products including savings, checking accounts, debit cards, IRA’s, Term Certificates, Christmas and Vacation Club accounts.  We also offer low-interest rate consumer loans, home equity products, and commercial loans.

For more information call 814-226-5032 or visit the Clarion or Brookville locations.

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