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CEFCU, Peoria, Ill., announced that a record extraordinary dividend of $9 million has been distributed to CEFCU members. The dividend was based on members’ savings and loan activity during, with $4.5 million going to borrowers and $4.5 million going to savers.
Alabama, New York credit unions pay out $750,000 and $800,000, respectively.
United Teletech Financial Federal Credit Union, Tinton Falls, N.J., named Leon Maganza as outside mortgage team leader. Maganza has nearly 20