The 99,500 members of the $1.2 billion MECU of Baltimore havereceived bonus dividends and loan interest rebates totaling morethan $2 million.
The payouts were made during the first week of July, the creditunion said. MECU has paid cash bonuses to members annually since1981 and since 2008 has been paying half of it at the end of Juneand the rest in December.
The move was made to accommodate the many members who areBaltimore city school teachers during the summer months and to helpwith holiday bills, the credit union said.
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