Evolve Federal Credit Union is a full-service credit union serving El Paso and surrounding areas.
While they offer in-person services, Evolve is making it easier to bank with them from the comfort of your phone.
CEO, Ken Walters, explained their new business model that includes patronage dividends.
"That was designed to reward our members, because we're a cooperative. We want to return anything that is over our net worth goal back to our members as part of the patronage dividend."
Walters said in 2021, Evolve FCU returned 2 million dollars back to their members.
Their E-Priority Checking Account is an online account with Evolve. This account is unique because if you do 30 debit card transactions, they'll pay 7% dividend up to $10,000 per month.
You might see more Evolve locations around El Paso. Walters said they expect to open 3 new branches this year and will expand to Las Cruces in the near future.
For more information, you can visit their website.