Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CEFCU issues 7 million dividend to members
SAN JOSE, Calif. (12/16/09)--Citizens Equity First CU (CEFCU) will be issuing a $7 million dividend to members, including members of Valley CU, which CEFCU acquired after Valley was placed into conservatorship last year. Valley CU is now a division of CEFCU. Peoria, Ill.-based CEFCU told The San Jose Business Journal Tuesday that savings and loan activity in 2009 was strong enough to give the dividend to its 268,000 members. Loan volume at Valley’s three branches in November increased about 3,000% to $3.4 million, up from $109,000 in November 2008. CEFCU has $4.17 billion in assets. When Valley CU, San Jose, Calif., was acquired by CEFCU, it had $257 million in assets and 30,000 members.


RSS print
News Now LiveWire
3 Atlanta fed judges recuse themselves from Home Depot data breach suits via @AtlBizChron http://t.co/lfPgOXZ7sO
12 hours ago
How may falling gas prices impact the U.S. economy? Find out tomorrow in #NewsNow #Market http://t.co/Q9ec9DGLDN
13 hours ago
News of the comp. for tomorrow: Big bank unveils plans for massive $6.5 billion new headquarters #NewsNow #Market
14 hours ago
Consumer confidence surges to 7-year high #NewsNow #Market http://t.co/fMEENGuWPi
15 hours ago
Charlotte Cash, CEO of @COFCU , is engaging members by producing videos on various subject of financial interest to members.
15 hours ago