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PSCU announced it is paying its member credit unions $37.4 million in annual dividends for 2020 with 30% being distributed in cash.

The payments CUSO based in St. Petersburg, Fla., announced Dec. 15 that its cash distribution to its credit union owners this year is $20.5 million, including $6.7 million in capital credits and $2.6 million in revolving funds, which it said represented the largest cash payout to owners in the history of the cooperative.

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Jim DuPlessis

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