The credit union owners of core data processing CUSO CU*Answers will receive their share of a $700,000 dividend.
The Grand Rapids, Mich.-based CUSO said the 2009 patronage dividend is a 75% increase over 2008’s dividend of $400,000. Over the past five years, CU*Answers’ CU owners have received nearly $5 million in patronage dividends, according to the CUSO.
CU*Answers provides services to 165 credit unions.