More than 45,000 participating Dupaco Community Credit Union members on October 20 will receive their share of more than $2.85 million as part of the credit union’s nine-month Thank Use campaign.
The 2016 campaign began in January and concluded on September 30. The participating member payout will coincide with International Credit Union Day on Thursday, October 20.
Thank Use was a way to demonstrate the power of Dupaco’s member-owned, cooperative structure, according to Dupaco Chief Marketing Officer David Klavitter.
“Dupaco is more than local. It’s a financial cooperative, owned by people in our community,” said Dupaco Chief Marketing Officer David Klavitter. “The more members use their credit union, the more members, the community, and Dupaco benefit.”
The Thank Use campaign rewarded members in relation to each member’s active participation in the credit union. Those recognized services included loans, savings, checking, credit card and e-statements. Members also earned a reward based on the member’s length of membership. An active share draft checking account was required to unlock the payout.
While Thanks Use was intended as a one-time campaign in 2016, Dupaco continuously seeks to enhance value for its 94,000 member-owners, according to Klavitter. The cooperative achieves this in a variety of ways, including product, service and technology enhancements; branch convenience; staff expertise and service; higher savings rates; lower loan rates and fees, and more.
Learn more about the campaign here.