This is Metro Credit Union's Diamond Jubilee year.
From humble beginnings in 1937 as a closed-charter credit union serving Superior's railroad and allied industries, Metro has evolved into a full-service community based financial institution with over $30 million in assets and more than 5,700 members.
To mark this significant milestone, 75 years of continuous operation, the Metro board of directors, on the recommendation of Metro's management team, has approved the Diamond Jubilee Reward Plan to thank Metro members for their loyalty to Metro as both depositors and borrowers. This plan provides for a special dividend to members in good standing on the total deposit dividend paid to them in 2011.
Further, it includes an interest rebate to members in good standing on the total interest they paid on loans, excluding MasterCard, in 2011.
A total of more than $132,000 in Diamond Jubilee payments will be authorized for members. The Diamond Jubilee special dividends and rebates will be posted to member accounts on February 24, 2012.
ADVERTISEMENT
Metro CEO Fran James, commenting on the board's action, said: "Our members own Metro and richly deserve to be thanked in this way for their fidelity." Board Chair Pete Moran added, "This action not only rewards our current members, but honors those who have gone before."
Members who have questions about the Diamond Jubilee Reward Plan may call a Metro Member Services Representative at (715) 392-0300.
