Tyndall Federal Credit Union launches ‘Project Giveback’
According to Tyndall, the credit union has returned $17.5 million in cash to members over the past two years during the holiday event.
DOTHAN, Ala. (WTVY) - Tyndall Federal Credit Union is giving back $10 million in cash to its members starting the week of Thanksgiving and running through Christmas this year.
It’s called Project Giveback, and its purpose is simple – returning profits to the members responsible for Tyndall’s success.
“Our mission is to make a meaningful difference in our member’s lives,” said Tyndall President and CEO, Jim Warren.
Through “Project Giveback,” Tyndall members could receive as much as $300 between Thanksgiving and Christmas depending on their relationship with the credit union. According to the credit union, the more services Tyndall members’ use, the more money they will receive.
Members who have an active checking account with direct deposit stand to receive the most. The money will be deposited into members’ accounts each week as a surprise with the final deposit being on Christmas Day.
“As a not-for-profit cooperative, every member owns a share of this credit union,” Mr. Warren said. “Many of them don’t even realize it, but our management team does, and we never forget it. That’s what makes ‘Project Giveback’ so important. This is not our money. It is our members’ money, and it would be irresponsible of us to keep it, especially during a pandemic.”
Warren said he and his team hope Project Giveback brings just a little comfort and joy to Tyndall Members this Holiday Season.
Members of Tyndall Federal Credit Union can go to Tyndall.org/ProjectGiveback for more information, or visit their Facebook @TyndallFCU to find out more.
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