News & Press: Credit Union News

Firefly Credit Union® Saved Members More Than $29 Million in 2019

Thursday, February 20, 2020  
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Firefly Credit Union - BURNSVILLE, Minn. ( Feb. 20, 2020) – Firefly Credit Union recently released its 2019 Member Value Report. The report, sent to qualifying members, summarized both the quantitative value members receive from their current Firefly accounts when compared to leading banks as well as the value the Twin Cities community receives from the support of a local financial institution.

 

In 2019, Firefly delivered a collective member value of more than $29 million - an average annual individual member value of $413. Members with more than three unique Firefly products received a value of $621, on average.

 

“We invest directly in our members, as opposed to stockholders,” said AVP/Director of Marketing, Traci Berhow. “Those profits are returned in the form of better rates and fewer fees. The value that members receive grows with each product they have with Firefly – it can really add up.”

 

For more information on Firefly’s Membership Value Report and to calculate your value potential with an interactive calculator, visit fireflycu.org/value.

 

Photo caption: Screenshot of Firefly Credit Union’s member value calculator, which helps individuals determine the cost benefits of moving all of their accounts to Firefly.

 

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Firefly Credit Union is a member-owned, not-for-profit financial cooperative lighting the way forward for the Greater Twin Cities CommunitySM. To stay up to date with all Firefly news, visit our Press Room at fireflycu.org/pressroom.   


Minnesota Credit Union Network
555 Wabasha Street N, Suite 200
St. Paul, MN 55102

(651) 288-5170
(800) 477-1034