Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
CUSO announces 10 dividend
LITTLETON, MASS. (3/6/12)--Octant Business Services, LLC, a credit union service organization offering business-loan underwriting, servicing and portfolio administration, is returning a 10% dividend to its owners--the third year on a row for such a payout.

The company also has expanded its client base to include 19 credit unions and earned the highest net profit in the company's history.

Member business lending provides an opportunity for credit unions to grow their membership, as well as improve their communities by turning small-business owners' dreams into reality," said Bob Cipriani, Octant Business Services president/CEO.

Octant also announced that Tom White, president/CEO of Rockland (Mass.) FCU, was elected to serve as chairman of the board.  Mark Cochran, president/CEO of Jeanne D'Arc CU,  Lowell, Mass., was elected vice chairman.


RSS





print
News Now LiveWire
#Creditunion #SuperBowlXLIX #Commercials @ArizonaFederal w/@kurt13warner #MyComeback
4 hours ago
Watching #SuperBowlXLIX this Sunday? Look for regional #creditunion #commercials @CltMetroCU @BECU @golden1cu #Seahawks #Patriots
1 day ago
Philadelphia's American Bakery Workers FCU liquidated by @TheNCUA; @trumarkonline assumes shares
1 day ago
More branch shutterings by @Citi: 4th-largest bank to close 10% of #Chicago area branches HT @CrainsChicago http://t.co/2vAvgucLY5
1 day ago
56% struggle with subprime credit scores says @cfed survey HT @washingtonpost http://t.co/RHmMvuhNtw
1 day ago