Many people keep their money in a bank or a credit union, but it is not often that institution decides to give you money back at the end of the year.

One local credit union is doing just that, one million times over.

Members of Sioux Falls Federal Credit Union will start 2019 with a little extra in their accounts.

Monday, the credit union announced it is giving back $1 million to its members.

"If you borrowed from us this year, if you had a loan with SFFCU and you paid us interest on that loan, we're going to give you some of that interest back," President and CEO Fran Sommerfeld said.

This is the second year for the "One Million Thank Yous" campaign. Sommerfeld said the campaign is just part of the credit union's mission to build trust and relationships.

"Because our members are so loyal to us, and they continue to support their financial cooperative, we're just going to give it back," he said.

It is a program that is unique to Sioux Falls, but it is catching on in other parts of the nation.

"There are a handful of credit unions throughout the country that do this, and they do it on an annual basis as well," he said.

Sommerfeld hopes it is a tradition Sioux Falls Federal Credit Union can continue as well.

"If we get the ability to do that year after year, we're going to continue to do that," he said.

SFFCU also finds other ways to give back to the community. In 2017, it launched its own coffee called Perky through a partnership with Dunn Brothers coffee.

Since then, it has donated $7,500 to various organizations in the community.