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ESL Members Get $15M Second Helping of Special Dividends

The amount is on top of $20 million that the Rochester, N.Y., credit union paid in June as an early payment.

hand reaching out to give money back Source: Shutterstock.

An upstate New York credit union told members back in June that it was paying them $20 million as their 2020 special dividend seven months early and in lieu of its normal January 2021 payout.

On Friday, ESL Federal Credit Union of Rochester, N.Y. ($8 billion in assets, 374,041 members as of Sept. 30) announced it had changed its mind, and has also put $15 million into their accounts as a second helping of its Owners’ Dividend.

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Jim DuPlessis

Jim DuPlessis

A journalist for decades.

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