2025 Member Bonus

In addition to the many other benefits of PFFCU membership like higher yields and lower loan rates, funds are awarded to our members in the form of a Member Bonus. We are pleased to share that PFFCU was able to reward members for the eighth year in a row. All accounts in good standing were eligible to receive up to $500! This was our way of saying we value your membership and thank you for the trust you place in PFFCU. The Member Bonus was calculated on dividends earned and loan interest paid January 1, 2025 through November 30, 2025. Mortgages sold to Fannie Mae were eligible to receive up to $100. The payout percentage of the Member Bonus and the Member Bonus are dependent on PFFCU’s financial performance and are not guaranteed.

As a member-focused organization, our mission is to be your primary financial services provider by delivering superior member service, lower loan rates, higher savings yields, and fewer fees. In 2025, we wanted to do more by putting cash back in your pocket with our Member Bonus Program.

Accounts in good standing were eligible to receive 6% of their loan interest paid and their dividends earned, up to $100 each. Members with an active Fannie Mae mortgage loan on November 30, 2025 were eligible to receive up to a $100 Member Bonus. The payout percentage of the Member Bonus and the Member Bonus are dependent on PFFCU’s financial performance and are not guaranteed.

An account in good standing for the Member Bonus Program was a member that has an open/active S0001 Savings Account and had not caused PFFCU a loss with a charged off loan(s) and/or a negative share charge-offs within the current year or the previous five years.

A portion of the Member Bonus is reportable on form 1099-INT along with other savings and dividends you earned in 2025; therefore, postings will be split accordingly.

• Member Bonus Loan was calculated as a rebate of interest paid on Auto, Credit Card, Personal Line of Credit, Signature, Pledge and Home Equity Loans. Since interest paid on these loan types are generally not tax deductible by borrowers, rebating interest as part of the Member Bonus will not be reported on a 1099-INT form.
• Extra IRA dividends were calculated on IRA dividends earned and are generally not taxable and therefore will not be reported on a 1099-INT form.
• Member Bonus Deposit/Mtg was calculated on share dividends earned and Mortgage interest paid, both of which may be reported to the IRS. Consequently, the Member Bonus associated with these amounts may have tax consequences. Therefore, the amounts will be reported on a 1099-INT form.

 Police and Fire Federal Credit Union does not provide tax advice, please consult a tax advisor.

The Member Bonus posted to members S1 Savings Accounts or IRA Accounts on Tuesday, December 9, 2025.

The November 30 date was chosen in order to award the Member Bonus in the 2025 calendar year. We used the actual loan interest paid and dividends earned from January 1, 2025 through November 30, 2025. Members that had an active Fannie Mae mortgage loan on November 30, 2025 were eligible to receive up to a $100 Member Bonus.

The maximum Member Bonus payout was $500.  Members received 6% of their loan interest paid and dividends earned from January 1, 2025 through November 30, 2025. Members with an active Fannie Mae mortgage loan on November 30, 2025 were eligible to receive up to a $100 Member Bonus. The payout percentage of the Member Bonus and the Member Bonus are dependent on PFFCU’s financial performance and are not guaranteed.

Your Member Bonus must total at least $1. If the calculation was less than $1, no Member Bonus was awarded.

The Member Bonus was calculated on dividends earned and loan interest paid from January 1, 2025 through November 30, 2025, up to $100. Members with an active Fannie Mae mortgage loan on November 30, 2025 were eligible to receive up to a $100 Member Bonus. The payout percentage of the Member Bonus and the Member Bonus are dependent on PFFCU’s financial performance and are not guaranteed. You must have had an account in good standing and your Member Bonus must total at least $1. The maximum Member Bonus payout was $500.

The Member Bonus Program included the following loan products: Auto, Credit Card, First Mortgage Balance Sheet Loans (i.e., 10, 15 and 20-Year Fixed Mortgages, 5/30 ARMs and 7/30 ARMs), Loans sold to Fannie Mae, Home Equity Loans, Home Equity Lines of Credit, Personal Lines of Credit, Signature Loans and Pledge Loans. Student loans were excluded from receiving a Member Bonus.

Mortgage Loans sold to Fannie Mae were eligible to receive up to a $100 Member Bonus. The interest on these mortgages is paid to Fannie Mae and not to PFFCU; however, as a thank you for choosing to do business with us, members with an active Fannie Mae mortgage on November 30, 2025 are eligible to receive up to a $100 Member Bonus. This was in addition to 6% of loan interest paid and dividends earned up to $100 each from January 1, 2025 through November 30, 2025. The payout percentage of the Member Bonus is dependent on PFFCU’s financial performance and is not guaranteed.

If you paid loan interest from January 1, 2025 through November 30, 2025, you received a percentage of the loan interest paid. First mortgages sold to Fannie Mae must have been active as of November 30, 2025 to have received the Member Bonus.

The Member Bonus Program included all Share, Certificate, and IRA deposits. The program excludes Escrow, Mortgage Accumulation, and Visa Accumulation.

A portion of the Member Bonus will be reported on form 1099-INT along with other savings and dividends you earn in 2025.

• Member Bonus Loan was calculated as a rebate of interest paid on Auto, Credit Card, Personal Line of Credit, Signature, Pledge and Home Equity Loans. Since interest paid on these loan types and fees are generally not tax deductible by borrowers, rebating interest as part of the Member Bonus will not be reported on a 1099-INT form.
• Extra IRA dividends were calculated on IRA dividends earned and are generally not taxable and therefore will not be reported on a 1099-INT form.
• Member Bonus Deposit/Mtg was calculated on share dividends earned and Mortgage interest paid, both of which may be reported to the IRS. Consequently, the Member Bonus associated with these amounts may have tax consequences. Therefore, the amounts will be reported on a 1099-INT form.

Police and Fire Federal Credit Union does not provide tax advice, please consult a tax advisor.