2021 Special Member Dividend Is Back!

We are happy to announce that the Special Member Dividend (SMD) returned for 2021. With it’s return, it brought the largest SMD to date: $1,100,000! The SMD would not be possible without the continued support and trust of our entire membership, and we appreciate your confidence. As has always been the case, a Special Member Dividend is just that – special, unexpected, and unpredictable. We don’t know what will happen next year, but we’re sure delighted we can pay it this year.

To calculate the dividend, we multiplied average account balances for all of 2021 by our dividend factor (the same factor is used for all members and all account types). The Special Member Dividend was placed in member accounts on January 25, 2022, except for a few rare situations where the transaction occurred after January 25.

We hope you enjoy the benefits of being an owner of Pittsford Federal Credit Union. We exist solely to help our members get ahead financially, and the SMD is a vivid reminder that ownership has its rewards.

For more information about the SMD and eligibility, please visit PittsfordFCU.org/special-member-dividend/.