We are very pleased to let everyone know both of our ATMs are now working. Once again we apologize for the inconvenience and hope you enjoy using our new ATMs.
The OTIS Co-op Advantage carries on
 Member Co-operative Dividend $294,364.93
Otis Federal Credit Union continues the cooperative spirit to pay back a special patronage dividend and interest refund which started in 2005.
It is easier to give money back in a great economy, but it is more important to do it when members are struggling. We know that you have choices where you do your banking, and want to shout out THANK YOU for making OTIS Federal Credit Union your member owned credit union.
The interest refund on loans means any member who has any of the following *loans will get back 5.5% of the interest they paid in 2011 in their share (saving) on January 1, 2012.
- Real Estate Loan
- Home Equity Loan
- New or Used Vehicle Loan
- Personal Loan
- VISA Credit Card
- VISA Reward Credit Card
For savers they will receive an additional 5.5% on earned dividends for all shares.
- Regular Shares
- Club Accounts
- Money Market Account
- Regular Share Certificates
- IRA Accounts
- IRA Certificates
Each year the ability and amount of the OTIS Co-op Advantage Dividend at the end of that year depends on members saving and borrowing throughout the year. The more members save and borrow, the more you and other members will reap the benefit.
* Bonus and refunds are paid to all members in good standing with the credit union.
Student loans are not included in calculating the interest refund. |
(207) 897-0900
