Royal Credit Union forks over $16 million to members

EAU CLARE, Wis.-During its recently held annual meeting (its 36th, to be exact) Royal Credit Union Chairman John C. Sackett proudly announced a string of accomplishments the CU had made during 1999. RCU returned over $16 million in dividends to members over the year's span, he said. Some others are: A new Member Service Center was opened that is now recording some 25,000 phone calls a month from members. RCU increased its membership by 6,903, making for a new total of 87,444. RCU disbursed 104,000 loans, funneling $311 million into the communities it serves. RCU's real estate lending department disbursed 2,300 loans, making it the number one lender in Eau Clare and Chippewa Counties. The RCU Charity Classic raised $7,500 for the Interfaith Hospitality Network, the Chippewa Valley Free Clinic and Junior Achievement. RCU has a four county (Eau Clare, Chippewa, Trempealeau and Barron) community charter.

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