Members of Municipal Employees Credit Union Inc. of Baltimore recently received their share of a $4.2 million dividend.
The loan interest rebates and dividends were deposited in members' accounts on June 30, according to the $937 million credit union.
"Many of our members are teachers," said MECU Chairman Herman Williams. "By providing part of the cash bonus we offer our members at the start of the summer, it gives our teacher members some extra cash when they most need it."
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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.
