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OMNI's 2009 Cashback Rebate
Press Release
OMNI's 2009 Cashback Rebate Press Release
BATTLE CREEK, Mich., November 30, 2009 – OMNI Community Credit Union, Southwest Michigan's premier financial institution, has announced its second consecutive Cashback Rebate (formerly Special Dividend) of $750,000 dollars as a way to say "thank you" to members for banking with them. Since 2008, OMNI has given back more than $1.4 million dollars to its 33,000 members across Southwest Michigan.

"This rebate is in addition to some of the area's best interest rates on loans and savings accounts we already offer our members," said Ted Parsons, CEO of OMNI Community Credit Union. Parsons also noted "Since our beginning in 1951, we have always emphasized the importance of recognizing our members for trusting us as their primary financial institution...and instead of just saying so, we actually do something about it."

OMNI's Cashback Rebate is calculated based upon the member's total relationship – the greater the relationship, the larger the rebate. Qualifying members will receive an extra .22% back on their 2009 average yearly loan and account balances. In 2008, members received an extra .20% back on their 2008 average yearly loan and account balances. This includes: auto loans, credit cards, home equity loans, mortgages, savings accounts, money market accounts, checking accounts, certificates of deposit, and non-investment IRA balances. Please visit omnicashback.org to estimate how much you would receive if you moved all your accounts over to OMNI Community Credit Union, which is easily accomplished with the assistance of our trusted Cashback Experts.

OMNI Community Credit Union has over 33,000 members across SW Michigan with $230 million in assets. For two consecutive years, OMNI has given a Cashback Rebate of more than $1.4 million dollars to say thank you to members. The credit union continually reinvests in its membership and the communities they serve with new branches, some of the area's best interest rates on loans and savings accounts, no fee checking, low fees, over 28,000 free ATMs, OMNI scholarships and is involved in over 40 community events annually. Anyone in Southwest Michigan can bank with OMNI. To find out how you can join, call 866-OMNI-WOW or visit www.omnicommunitycu.org.
*The estimated Cashback Rebate amount is based on the 2009 Cashback Rebate as of November 16, 2009 – which was 0.22% of the 2009 average yearly loan and account balances. 2008's estimated Cashback Rebate was 0.20% of the 2008 average yearly loan and account balances. While it is the intent of the OMNI Community Credit Union Board of Directors to pay the Cashback Rebate each year, payment of a Cashback Rebate and/or the amount of the Cashback Rebate is not guaranteed. OMNI Community Credit Union reserves the right to change the Cashback Rebate eligibility criteria. OMNI Community Credit Union and Member First Mortgage are not tax professionals. Closing cost discount is available through our mortgage partner Member First Mortgage only. Offer is non-transferable and is subject to credit approval. If home’s value is less than loan refinance, OMNI reserves the right not to approve loan. Offer is based on credit worthiness and collateral value. Other restrictions may apply. Offer ends June 30, 2010. OMNI's Twitter Facebook Equal Housing Lender NCUA