Patelco Credit Union announced today that as a result of a strong 2012 financial performance, they will be offering discounts to those members who were with the credit union on or before December 31, 2012.
The program, called The Member Giveback, offers discounts on auto loan rates, and waiving of home loan lender fees and credit card balance transfer fees. Members are not limited to only one of the Giveback deals but can take advantage of all three, or even combine these offers with other rate reductions and discounts that Patelco offers.
“Our membership contributed to our outstanding success in 2012,” said Patelco President and Chief Executive Officer Ken Burns. “Therefore we want to fulfill our commitment to our membership by reinvesting our earnings into lower rates and fees for our member-owners, which is why we are launching this program.”
The Member Giveback runs through the end of 2013. To offer thanks to all members and not just those in the market for a loan product, Patelco will host regional Member Recognition events starting in May and running through October. These events include the chance to win $10,000 and giveaways of other cash and prizes. More information about The Member Giveback can be found on Patelco’s website – Patelco.org/Giveback.
About Patelco
Founded in 1936, Patelco Credit Union ranks among the largest credit unions in the nation and is the fifth largest in California, with more than $3.9 billion in assets and 270,000 members. Throughout its 77-year history, Patelco has helped its members and their communities prosper through volunteer initiatives and personalized service that focuses on transparency, simplicity in banking, and garnering trust. Patelco is a federally insured, not-for-profit, full-service credit union that offers the same types of products and services as large banks. Membership in Patelco is free and open to everyone.