PSCU Financial Services has announced what it said was the largest dividend ever from a CUSO, $45.4 million.

PSCU serves over 500 credit unions which process payments on the First Data platform. The CUSO also provides call center, bill pay and other services as well.

PSCU said that the 2008 distribution included proceeds of $35 million resulting from the sale of the Visa and MasterCard stock.

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