Co-Op Passes Along Benefit of Sale of Ensenta Stock to Shareholding Credit Unions
Medford, Oregon-based Rogue Credit Union deposited $2.5 million into the accounts of 81,000 members as part of the first “Rogue Rewards Loyalty Dividend.”
CU Direct announces that will pay a 3-percent cash dividend to its 102 credit union shareholders — the ninth consecutive year that it has paid a dividend. Autoland, Inc. reports increased earnings for the third straight year; gross margin, vehicle sales and the CUSO’s auto-loan-to-sale-retention rate all increased, the company says.
The FHLB Seattle has declared a cash dividend payable July 30, 2013. The Seattle Bank hasn’t issued a cash dividend in many years, and this is considered a “milestone in the bank’s turnaround” according to a news release issued this week.
Strategic Link business partner CO-OP Financial Services attributes its significantly larger shareholder dividend pool for fiscal year 2012 to a flurry of acquisition and partnership activity late in 2011.