Wabash, Indiana – To reward its member-owners for their loyalty and solid operating results recognized in 2021, the Board of Directors of Beacon Credit Union returned over $1.34 million of loan interest back to member-owners who utilize Beacon Credit Union for their borrowing needs.
The money returned to borrowers was in the form of a loan interest rebate. Those receiving the rebate were member-owners who paid interest on a loan during 2021, whose loan was not delinquent and remained active as of December 31, 2021.
“Our success depends on the trust and patronage of our member-owners.”, stated Kevin Willour, President/CEO, “This rebate is one way we continue to give back to the membership that has helped make Beacon a strong financial partner.”
Beacon Credit Union has averaged over $1 million in yearly loan interest rebates for member-borrowers over the past 15 years.
# # #
About Beacon Credit Union
Since 1931, Beacon Credit Union has provided quality financial services responsive to the needs of its member-owners. Serving 50 Indiana counties, Beacon consists of over 46,000 members and manages assets of $1.5 Billion.