For the second consecutive year, Qualstar Credit Union is thanking its members for a successful year of strong growth and increased income with Loyalty Bonuses that will total $2.2 million. Letters announcing the bonuses will begin arriving in mailboxes today, and money will be deposited into accounts starting on Jan. 29.
The CFPB has cracked the whip on a Utah mortgage company which allegedly incentivized loan officers for steering consumers into high-interest loans.
Qualstar Credit Union is thanking its members for their continued loyalty by giving them back $2.5 million in bonus dividends this month. Individual bonus dividends range from $5 to several thousand, with the average member receiving a bonus dividend of $72.
How does a federal credit union add different language to its charter to increase membership?
If a credit union offers to deposit $25 in a memberâ€™s share account if the member refers an individual to the credit union, and this individual then opens an account, is the $25 considered a bonus?