PHOENIX – Arizona Federal Credit Union has returned $2.7 millionto its members in the form of an additional $15 dividend deposit.The $15 dividend deposit in each member's account represents areturn of earnings for members utilizing the services of the creditunion. “When someone establishes an account at Arizona Federal,they don't just become a member – they become an owner in thecredit union,” said Arizona Federal CU President/CEO Ron Westad.“This $15 dividend is a return for our members' commitment to andparticipation in their organization. Our ongoing commitment is toprovide value to our members by translating our financialcooperative structure and not-for-profit status to the financialadvantage of each individual that utilizes the services of thecredit union.”

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.