North Augusta, SC – “Good Things Are Happening at SRP” as we share our Board of Directors has once again approved a Loyalty Dividend be paid out across our membership. The additional dividend was designed to reward SRP members and to recognize the financial strength of the Credit Union. In 2022, SRP’s Board also paid a Loyalty Dividend totaling over $1.5 million dollars. It is especially exciting the amount has doubled this year to over $3 million.
“With the increases in the costs of living in 2023, it is gratifying to know that SRP bolsters our membership with the financial strength they can rely on,” says Eric Jenkins, CEO, SRP FCU. “The Loyalty Dividend reflects our appreciation to our member-owners as they continue to support us loyally.”
This also reflects SRP’s belief in the “People Helping People” credit union philosophy. SRP FCU is a member-owned nonprofit financial institution with a volunteer Board of Directors. As such, our members can receive higher interest rates on savings, lower rates on loans, and lower fees.
SRP Federal Credit Union is headquartered in North Augusta, SC and provides financial services to more than 190,000 members. For more information on SRP Federal Credit Union, visit www.srpfcu.org.
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