The $257 million Partner Colorado Credit Union in Arvada, Colo., paid a $600,000dividend that was shared among its 25,000 members this month.
|Last year, members shared a $700,000 dividend payout.
|“The dividend bonus is a nice payback to our member/owners whenwe are doing well and capital remains strong,” said SundieSeefried, Partner Colorado president/CEO. “Our ability to pay adividend each year largely depends on member involvement. The morerelationships our members have with their credit union, the greaterthe revenue available.”
|Partner Colorado CU said it earned a $1.3 million net gain andposted a net worth of 13% through the end of October.
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