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TCU Grants Employees Nearly $1.3M in Inflation Fighter Profit Sharing Bonus
November 28, 2022
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CONTACT:
Jeremy Riffle:
317.447.4998
jriffle@tcunet.com
FOR RELEASE: November 28, 2022
TCU Grants Employees Nearly $1.3M in Inflation Fighter Profit Sharing Bonus
South Bend, IN –Teachers Credit Union (TCU) has awarded the majority of its nearly 800 employees a $2,000 one-time Inflation Fighter profit sharing bonus. The bonus was provided to full- and part-time employees most impacted by current economic conditions.
TCU’s decision to provide the bonus reinforces the credit union’s commitment to its employees, especially during such an unusual and challenging year.
“We granted this bonus, first and foremost, to thank our employees for all they do,” said Jason M. Osterhage, president & chief executive officer of TCU. “And secondly, this past year has been a difficult one for people trying to afford everyday life. Our 2022 business performance gave us the capacity to provide a little extra support to employees when they can really use it. TCU employees work hard to provide heart-felt service to our members every day, so we’re pleased to show them some heart-felt gratitude in return.”
Teachers Credit Union (TCU) is Indiana’s largest Credit Union with nearly $5 billion in assets, over 50 branches throughout Indiana and southwest Michigan, and more than 300,000 members. TCU offers traditional financial services including checking, savings, mortgages, and credit cards, as well as non-traditional services such as investments. Since its founding in 1931, TCU has focused on making a positive impact on its members and the community. For more information about TCU, visit tcunet.com
Jeremy Riffle:
317.447.4998
jriffle@tcunet.com
FOR RELEASE: November 28, 2022
TCU Grants Employees Nearly $1.3M in Inflation Fighter Profit Sharing Bonus
South Bend, IN –Teachers Credit Union (TCU) has awarded the majority of its nearly 800 employees a $2,000 one-time Inflation Fighter profit sharing bonus. The bonus was provided to full- and part-time employees most impacted by current economic conditions.
TCU’s decision to provide the bonus reinforces the credit union’s commitment to its employees, especially during such an unusual and challenging year.
“We granted this bonus, first and foremost, to thank our employees for all they do,” said Jason M. Osterhage, president & chief executive officer of TCU. “And secondly, this past year has been a difficult one for people trying to afford everyday life. Our 2022 business performance gave us the capacity to provide a little extra support to employees when they can really use it. TCU employees work hard to provide heart-felt service to our members every day, so we’re pleased to show them some heart-felt gratitude in return.”
Teachers Credit Union (TCU) is Indiana’s largest Credit Union with nearly $5 billion in assets, over 50 branches throughout Indiana and southwest Michigan, and more than 300,000 members. TCU offers traditional financial services including checking, savings, mortgages, and credit cards, as well as non-traditional services such as investments. Since its founding in 1931, TCU has focused on making a positive impact on its members and the community. For more information about TCU, visit tcunet.com
Contact:
Jeremy Riffle
jriffle@tcunet.com, 417-447-4998
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