Fitchburg bank Workers Credit Union paid out $3.3 million to its members last year, the fourth straight year it made such a payout.
The 2016 payout was deposited into members’ accounts this month based on account and loan balances last year, Workers Credit Union said in announcing the payments Tuesday.
The bank has more than 93,000 members who visit its 16 branches. Its assets total $1.5 billion.
The amount Workers Credit Union pays back to members is based on the average balance for the year in all eligible deposit and loan accounts. The bank’s board of directors determines the total amount based on the bank’s financial performance over the year.
