Financial Services Center Corp. announced Friday that its member credit unions were credited with more than $1 million in patronage dividends for shared branching transactions, including more than $200,000 returned in cash.
This represented the latest in more than $14.5 million in patronage dividends, rebates and returns of capital to FSCC member CU from the organization over the past decade, the shared branching network said.
"What an accomplishment to give back to our patrons for 11 consecutive years, especially during such trying economic times" said Steven M. Stapp, chairman of FSCC's Board of Directors and CEO of the $772 million San Francisco Federal Credit Union.
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