ESL Marks 30 Years of Owners’ Dividend Payouts with $30 Million Distribution to Members
Rochester, NY — In recognition of 30 years of its annual Owners’ Dividend, ESL Federal Credit Union announced today that it will return $30 million to its members. This payout underscores their mission to share the financial success and reinvest in the communities it serves. Since launching the program in 1997, ESL has returned more than $350 million to members through the initiative.
“We’re excited to celebrate our 30th year of Owners’ Dividend payouts, with this year’s $30 million distribution being especially meaningful,” said Faheem Masood, President and CEO of ESL Federal Credit Union. “For three decades, the Owners’ Dividend program has represented our commitment to share our financial success with our members. This milestone is a direct reflection of the trust our members place in ESL and the strength of our cooperative model.”
Owners’ Dividend payouts are based on members’ financial activity throughout the year, including account balances, card usage, and relationships with ESL wealth management teams, with all eligible members receiving a base payout.
The annual distribution is one of the many ways that ESL reinvests in the financial well-being of its members, complementing the organization’s broader efforts to support individuals, families, businesses, and the Greater Rochester and Finger Lakes communities.
For more information about the ESL Owners’ Dividend, including eligibility requirements, please visit esl.org/aboutownersdividend. Qualification for the Owners’ Dividend is subject to eligibility requirements, and payment of the Owners’ Dividend is not guaranteed.
