CU Direct Corp.'s board of directors has approved a $1.39 million dividend to its 94 shareholders for 2011.
The lending solution CUSO in Ontario, Calif., said this is the seventh consecutive year that it has paid dividends to its credit union and credit union organization shareholders.
In 2011, CU Direct signed new agreements with 128 credit unions and at year end, 990 credit unions, serving 28 million members, were utilizing the CUSO's lending solutions.
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