For the second year in a row, the ORNL Federal Credit Union (ORNL FCU) Board of Directors approved a special member dividend. The $4 million special dividend was issued to members on Friday, October 18. In 2018, the ORNL FCU Board paid a $3 million special dividend to members for the first time since 2005.
As part of the $4 million special member dividend announcement, the Board acknowledged that four randomly-selected members will also have their auto loan balances paid off in full. The Credit Union will host the winners at a presentation ceremony and reception on Wednesday, October 23 at 1:00 PM at its Northshore Town Center facility. The event is open to the media and will include the winning members receiving the titles to their cars.
“The Credit Union continues to experience strong growth and good earnings,” said Randy Gorman, chair of the ORNL FCU Board. “The special member dividend is one way we return value and express appreciation to our members. The auto loan payoff opportunity is also an exciting way we help our members thrive.”
EVENT DETAILS
WHAT: ORNL Federal Credit Union (FCU) Auto Loan Pay-Off
WHEN: Wednesday, October 23 at 1:00 PM
WHERE: 2077 Town Center Blvd., Knoxville, TN 37922