Nine more credit unions have announced fourth-quarter bonus dividends
, rewarding members with $39.
com)-- Members of SAFE Federal Credit Union received annual bonus dividends
and interest rebates on December 31 totaling more than $1 million, based on their account usage.
Since the end of the Flat season in November, we have paid out more than pounds 875,000 in win fund payments and over pounds 756,000 in bonus dividends
equal to the real GDP growth rate of the preceding year, provided it is above zero, will be also be declared annually.
1 billion in assets, 177,051 members) sent $5 million in bonus dividends
and loan interest refunds to members this month.
Comins said: "Analysis of our top ten shops shows that on average they contribute 15 per cent of the pool but reap only six per cent of all win, place and bonus dividends
I see more and more credit unions paying member bonus dividends
, efforts like that will show our difference.
Scoop6 is linked to six televised races each Saturday and, for a minimum pounds 2 stake, the bet offers win, place and bonus dividends
Also, Maryland credit unions have a history of being extremely competitive with loan and savings rates, with some providing extraordinary dividend payments, or bonus dividends
, to their member owners which contributes to a lower net interest margin," he said.
2 billion MECU of Baltimore have received bonus dividends
and loan interest rebates totaling more than $2 million.
announced it returned a total of $2 million in bonus dividends
and loan interest rebates on Dec.
Mark Shobe, president/CEO for DFCU Financial, explained bonus dividends
as returns from a credit union's residual capital, the capital that remains after the institution has fulfilled its regulatory capital requirements and business strategy implementation expenses.