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We have given $1.45 Million back to our members!

Valley Credit Union is excited to announce that for the sixth year in a row, an “Ownership Dividend” has been shared with members. Valley CU, is a not-for-profit, cooperative credit union, owned by the 6,108 members using its services. With no stockholders to pay, Valley reinvests its earnings right back to the members, in the form of benefits such as fewer fees, better interest rates, and Ownership Dividends. This dividend is a way to recognize the credit union’s valued members and to thank them for their contribution to the continued success of Valley. The $200,000 dividend payout was based on the member’s usage of online services, checking, and borrowing activity during 2024. In addition, a special “legacy” dividend was given to all members who have had a relationship with the credit union for at least 20 years. The majority of the credit union’s members -- 77% -- received an ownership dividend and the average payout was $43.88. These funds were deposited into the member’s ownership account which currently earns 4.00%. Valley Credit Union has been serving people who live and work in the areas surrounding Salem, Oregon since 1930.