Octant Business Services LLC said it is giving its nine credit union owners a 10% dividend after reporting its highest net profit in the CUSO's history.

The Littleton, Mass.-based company said this is the third consecutive year that it has paid its owners a dividend.

Octant, which offers business loan underwriting, servicing and portfolio administration, said it has also expanded its client base to 19 credit unions and upgraded its technology in an effort to streamline the loan closing process.

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