DATCU, a $566.4 million credit union headquartered in Denton, Texas, announced it paid a $363,940 bonus dividend following a successful 2011.
The credit union’s board of directors determined the payout amount at their Dec. 20 meeting, and members received their bonus dividend deposits on Jan. 1. This is the third consecutive year DATCU has paid a bonus dividend, the CU said.
“We’re just delighted that again this year, our annual performance enabled us to reward our membership with this bonus dividend in appreciation of them doing their business with our credit union,” said Dale Kimble, president/CEO at DATCU. “Sharing profits is a great way to show our community that we’re safe, sound and secure.”
DATCU, founded in 1936, serves more than 63,000 members who live or work in Denton, Cooke, Wise, Montague and Clay counties in Texas.
