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
DFCU Financial Rewards Members With $23M Cash Payout
DEARBORN, Mich. (10/30/13)--DFCU Financial said Tuesday it will return a $23 million dividend to nearly 100,000 members at year-end.
 
The dividend is the largest payout in the eight-year history of the credit union's dividend program, and brings the total payout since the program's 2006 inception to more than $154 million. The credit union has paid out an average of $20 million for the past eight years.
 
"The economy may have struggled, but we have been able to give a larger sum of cash back to our members every year," said Mark Shobe, DFCU Financial president/CEO. "Our relationship with each individual member of DFCU Financial is extremely important to us. We want our members to know we care about them, and the fact that this dividend has been increasingly successful shows their loyalty."  
 
Individual dividend payments will be equal to 0.5% of members' average yearly loan and deposit balances, including all savings accounts and loan balances. Each qualified member will receive at least $50, the credit union said.
RSS





print
News Now LiveWire
CUNA: CUNA offices closed through Friday, News Now returns Monday http://t.co/a5xbLzQKDj
12 24 ago
Reminder: @CUNA's Madison, D.C. offices will be closed through Friday, open again on Monday. #NewsNow will publish Monday.
12 23 ago
MI dentist to match @CUDirect's $20K to @HurleyMedical as a result of #20for20 online voting http://t.co/hqmIc9LpK1 @CMNHospitals
12 23 ago
New #creditunion chartered in St. Louis - #LutheranFCU - by @TheNCUA http://t.co/faPfANGS0P. Only 3rd new FCU charter this year.
12 23 ago
Don't get hacked during the holidays-use these tips from @CUNA http://t.co/jEqxni6NhO #StoptheDataBreaches http://t.co/woIxPOIyys
12 23 ago