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Goldenwest Announces $3.5 Million Year-End Bonus for Members

OGDEN, UT | December 10, 2024Goldenwest Credit Union is proud to announce the distribution of a record-breaking $3.5 million year-end bonus to its members, marking the largest payout in the organization’s history. This milestone extends a 21-year tradition, during which Goldenwest has returned more than $30 million to its members.

The year-end bonus reflects Goldenwest’s exceptional financial performance in 2024 and underscores its commitment to rewarding member loyalty. This year also saw the launch of the Golden Rewards Loyalty Program, designed to enhance member benefits and increase engagement.

Under this new program, the Golden Rewards Loyalty Bonus replaces the former Bonus Dividend, offering greater rewards to members who actively use a variety of Goldenwest’s financial products. Members earn larger Loyalty Bonuses based on their participation in the Credit Union’s deposit accounts, loans, Visa cards, and insurance products. This strategic shift strengthens Goldenwest’s ability to reward member engagement and reinforce the value of its diverse financial services.

A key feature of the program is the direct deposit of the Loyalty Bonus into members’ high-yield Gold Accounts on January 1, 2025. With the Gold Account currently featuring an Annual Percentage Yield of 6.00%, this enhancement ensures that members begin earning high returns on their Loyalty Bonus immediately.

The Gold Account is a unique savings tool designed to help members grow savings for emergencies and unexpected expenses. In addition to the Loyalty Bonus, members can build their Gold Accounts by taking advantage of Visa Debit Card Round-Up Rewards, Visa Credit Card cash-back options, and other exclusive promotions throughout the year.

For additional details about the Golden Rewards Member Bonus or the Gold Account, please visit gwcu.org.

Published December 10, 2024