Elko Federal Credit Union (EFCU) is proud to announce two ways it is giving back in 2026: a $1 million member dividend paid directly to members, and a $200,000 community dividend dedicated to supporting local nonprofit organizations.

Together, these dividends reflect EFCU’s not-for-profit, member-owned mission — returning value to members while reinvesting in the communities it serves. Combined, this represents the largest total dividend payout in EFCU’s history.

EFCU will return $1 million directly to members, marking the largest single-year member dividend in the credit union’s 65-year history. This dividend is based on EFCU’s strong financial performance during the 2025 calendar year and is paid back to members who helped make that success possible.

The member dividend includes:

• $600,000 share bonus dividend for qualified primary share account holders.
• $400,000 loan interest refund for members with qualifying loans.

Over the past eight years, EFCU estimates it has returned more than $4.2 million to members through dividends.

“This dividend is simple at its core — we’re giving money back to the people who own this credit union: our members,” said Thomas C. Ballew, chair of the Elko Federal Credit Union Board of Directors. “It reflects the trust our members place in us and the strength we achieve together.”

In addition to the member dividend, EFCU is introducing a $200,000 community dividend for 2025. This community dividend is separate from the member dividend and represents EFCU’s ongoing commitment to strengthening the places where its members live and work.

The community dividend focuses on support for organizations addressing food insecurity, youth-centered programs, community projects, and nonprofits serving special demographic groups.

“When our credit union does well, our community benefits too,” said Todd Sorenson, president and CEO of EFCU. “Supporting local nonprofits is another way we live our mission and make a real, lasting impact beyond our walls. In addition to this community dividend, EFCU has supported our community nonprofits by our dedicated employees having volunteered over 350 hours of service in 2025 within our local community. I couldn’t be prouder of how EFCU supports the Northeastern Nevada community.”