We're Home to the Cash Rebate Program
Once again, PAFCU members received a 20% Cash Rebate on the interest they paid on their consumer loans in 2020!
In fact, this was the third consecutive year members with loans were rewarded for their loyalty to our credit union.
The cash rebates, deposited directly into each member's savings account, ranged from $10 to $800.
This program is our way to say "Thank you" to our loyal member. The Cash Rebate is approved by PAFCU's Board of Directors.
Here's How It Works:
Members with a vehicle or personal loan are qualified for the 20% interest rebate.
The loan must have been with the credit union during the year.
The member must not have any late payments during the year.
In late December, the credit union runs an internal report of each member's loan activity. The cash rebate is automatically deposited into each member's savings account.
The PAFCU Board of Directors intends to pay the cash back each year. However, the rebate is not guaranteed and depends on the credit union's financial performance. Anyone who causes PAFCU a loss for any reason is ineligible for the cash rebate. Mortgage loans and credit cards are not eligible.
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