Dupaco is a financial cooperative powered by its members
After nine years and nearly $29 million given back to members, Dupaco will retire Thank Use after the 2024 payout. This decision reflects our commitment to meeting your changing needs—and your preference for ongoing benefits instead of a once-yearly payout.
The credit union’s mission to provide products and services to help its members achieve their financial goals will continue. We’re actively researching new ways to inform, guide, protect and influence our members, helping them make better financial decisions and enhance their well-being.
Dupaco continues to offer competitive deposit rates, lower loan rates and lower fees, as well as Bright Track credit score monitoring, Credit Coaching, Credit History Lessons, Money Makeovers, and digital banking tools in Shine.
Dupaco remains financially strong. This decision reflects our commitment to being responsible stewards of our resources and aligning our products and programs with the evolving needs and expectations of our members.
Here's how members earned more than $1 million in 2024:
| Swipes/Uses | Thank Use Earned |
|---|---|
| 1-100 | $3 |
| 101-250 | $6 |
| 251-500 | $10 |
| 501-750 | $30 |
| 751+ | $45 |
THANK USE QUALIFICATIONS: You must be a personal member who has an active checking account1 on 9/30/2024.
INELIGIBILITY: You’re not eligible for Thank Use if you: 1) have a loan or deposit charge-off that’s not paid back in full by 9/30/24, or 2) have a loan that’s delinquent by 60 consecutive days or more on 9/30/24, or 3) have a negative checking account balance for 30 consecutive days or more on 9/30/24. Business memberships and trust accounts with EINs, and business accounts under a personal membership don’t qualify for Thank Use.
PAYOUT: Your Thank Use 2024 earnings will be deposited into your primary savings account on 10/17/24 and may be reportable on IRS form 1099-MISC.
LIMITATIONS: Your payout is based on your individual member number. They can’t be combined or shared with other member numbers. Earning is payable once under a member number. Membership on 10/17/24 is required to receive your payout. Must meet product eligibility requirements to open a new product.
ACTIVE CHECKING DEFINITION: a) Set up direct deposit to your checking account, and have a total of five or more check, debit card or automated clearing house (ACH) debit transactions on that checking account within 90 consecutive days OR b) If you cannot directly deposit to your checking account, then have ten check transactions, or eight debit card transactions, or five ACH debit transactions or three bill pay transactions on that checking account within 90 consecutive days. Your checking account must be active on 9/30/2024.
1CHECKING RATE: Annual percentage yield (APY) is accurate as of the last dividend declaration date. FREE CHECKING, no minimum to open, 0.0% APY; FIRST RATE CHECKING, no minimum to open, based on daily balances; $5,000-$24,999.99 at 0.10% APY, $25,000-$99,999.99 at 0.15% APY, and $100,000.00 and up at 0.15% APY. All rates are variable and may change after the account is opened. Fees could reduce account earnings.
With an active checking account, you’ll earn Thank Use every time you make purchases with your Dupaco debit MoneyCard and/or Dupaco Visa credit card.
