OTIS Federal Credit Union Returns More Than $8 Million to Members Through 20 Years of the “OTIS Advantage”

JAY — OTIS Federal Credit Union is pleased to announce that a 10% Bonus Dividend and Interest Refund of $1,071,959.30 was posted to member accounts on January 1, 2025. This return represents the Credit Union’s financial success in 2024 and is the largest bonus to date. Over the past twenty years, OTIS FCU has returned over $8 million to both its savers and borrowers through this practice.

OTIS FCU President/CEO Chris Bouchard stated, “At OTIS, our members are shareholders of the Credit Union. Profits are returned to our members through higher deposit rates, lower borrowing rates, fewer fees, and improvements in technology and services. Over the last twenty years, we have directly shared our success through the ‘OTIS Advantage,’ returning an annual bonus dividend and interest refund, rewarding members according to their economic participation in the Credit Union.” Bouchard continued, “We are proud to serve our membership and grateful to be able to put over one million dollars back in their pockets this year. It is just another way to thank our members for choosing OTIS FCU.”

At OTIS, we give you more, so you can save more, and do good…with more. To learn about OTIS, please visit us online at www.otisfcu.coop, stop by our branch, or call (207) 897-0900.