SITKA, Alaska — The board of directors of ALPS Federal Credit Union declared a year-end share bonus dividend and loan interest refund for members totaling $89,000.
The dividend will be paid out to ALPS members in good standing at year-end and split evenly between those with loans and those with share savings accounts.
"Credit unions exist for our own members," said ALPS CEO James Wileman. "This is our second consecutive year of returning the excess income back to those who generated it–the members."
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
© 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.
