SASKATCHEWAN, Canada—Innovation Credit Union is putting a twist on the $3.07-million bonus dividend it is paying members—it’s also paying a special payout to youth.
Innovation CU is giving back 5% on active equity accounts as of Dec. 31, 2014, includes a new $20 youth dividend paid to all members under the age of 18.
“On behalf of the entire Innovation team, I would like to thank our members for their support and patronage in 2014,” said Board President Gord Lightfoot. “It’s been such an exciting year with our largest member payout to date, our no-fee free account, and new service enhancements like our mobile app and remote deposit capture. Having the opportunity to reward our members in so many ways is a privilege for our staff and board alike. “
Added the CU’s CEO, Dan Johnson, “Educating our members on the new services we provide, guiding members through important financial decisions, our management and staff group are committed to being responsive and providing exceptional service across all of our service channels.”