The $3.3 billion DFCU Financial in Dearborn, Mich. paid membersa $21.8 million Special Patronage Dividend on Jan. 3, the creditunion announced.
The amount equaled half of the credit union’s 2012 earnings andbrought its total dividend payout amount over the past seven yearsto more than $130 million, the suburban Detroit institutionsaid.
Members received 0.5% of their average yearly loan and depositbalances, including all savings accounts and loan balances, witheach qualifying member receiving at least $50. This year’s averagepayout was $220 per member, DFCU Financial said.
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