WABASH — In appreciation for member-owners’ dedication and the credit union’s strong operating
performance in 2022, the Beacon Credit Union board of directors returned over $1.34 million in loan interest
to qualifying member-owners.
The money returned to borrowers was in the form of a loan interest rebate.Those receiving the rebate were member-owners who, during 2022, paid interest on a loan that was not delinquent and remained active as of Dec. 31.
“2022 was a great year for Beacon Credit Union thanks to the support of our member-owners,” stated Kevin
Willour, president/CEO. “The loyalty of our member-owners to save and borrow from us year after year
contributes to our ability to return earnings in the form of an loan interest rebate.”
Beacon Credit Union has averaged over $1 million in yearly loan interest rebates for member-borrowers over
the past 15 years.