FORUM Credit Union gives cash back to its members through a variety of savings and prize based rewards eachyear, a commitment based on the financial cooperative spirit embodied in credit unions. In 2022, FORUM gave back over $2.9 million in rewards to members.
As part of FORUM’s savings and prize based rewards, FORUM awarded $1,376 to 52 Week Money Challenge winner, Jimmy Crase, a FORUM member since 2007.
When members open this incremental savings account, they are entered to win $1,378 by making 26 deposits during a 12-month period, and saving at least $1,378. Winners were also chosen for FORUM’s Bonus 5 Fund. With this account, members can earn monthly and annual cash prizes for regular savings.
In 2022, five annual winners were chosen who each received $500. In addition to prize based savings, FORUM gives back to members through checking account and credit card rewards, various internet offers, and educator grants and collegiate scholarships through the FORUM Foundation.
The FORUM Foundation has provided over $1.1 million in grants and scholarships since 2014.
Accounts are also available to help parents save for their child’s future. With a FORUM Sprout Account, FORUM matches 10% of deposited funds per calendar year at various tier levels with a maximum yearly match of $100.
Moreover, FORUM supports an employee nominated charity each year. In 2022, employees donated over $57,800 to Dayspring Center, a not-for-profit that assists homeless families with children in central Indiana, and used 605 hours of paid volunteer time off supporting various charities throughout the community.
“These numbers demonstrate the credit union’s member-centric approach and how we fulfill our purpose of helping members live their financial dreams,” said Doug True, CEO of FORUM Credit Union.