Our Winter 2017 edition of The Meter’s Bulletin Board article on “More Frequent Dividend Payments” was mis-worded and referenced CERTIFICATES in the article.
The changes to our dividend payment method effective 1/1/2017 apply ONLY to:
- REGULAR SHARE
- IRA SHARE
- REGULAR CHECKING
Previously, these accounts paid dividends Semi-Annually, and they are now being paid QUARTERLY.
ALL other LOMTO FCU accounts will continue to pay dividends on their normal schedule.
If you have additional questions, please contact Member Services at (212) 947-3380.