Earn Your Return & Community Rewards
How Earn Your Return Works
- Ages 26 and over: Must maintain an average combined loan and deposit balance of $5,000
- Ages 18-25: Must maintain an average combined loan and deposit balance of $1,000
- Ages 0-17: Must maintain an average deposit balance of $100
*The age criterion is determined by a person's age as of December 31, 2013. The 2013 Earn Your Return will be deposited into eligible members’ savings accounts in January 2014. Qualifying members will receive their reward based on all 2013 average yearly qualifying loan and deposit balances, with a minimum amount paid of $25. In addition, to receive the dividend, you must meet all eligibility criteria (minimum average relationship based upon age, as well as a $100 average deposit account balance) and be a member in good standing on the deposit date in January 2014. Business Accounts and Loans, IRG Investment Accounts and Student Loans are not eligible for Earn Your Return.
While it is the intent of the New Mexico Educators Federal Credit Union’s Board of Directors to pay Earn Your Return every year, it is not guaranteed and the amount of the dividend will depend on financial performance.