The 102 credit union shareholders of lending services CUSO CU Direct will receive their share of a 3% cash dividend.

The Ontario, Calif.-based CUSO said this is the ninth consecutive year that it has paid a dividend to its shareholders.

During 2013, CU Direct said it signed new agreements with more than 100 credit unions and at year's end, 1,072 credit unions, serving 38 million members, were utilizing the CUSO's lending services.

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