Handing over cash to a person with chart underneath showing positive cash returns. Source: Shtterstock.

Four credit unions founded at military bases are returning $30.7 million to their 878,046 members in Tennessee, Florida, Ohio and North Carolina.

Nearly half the amount came from Tyndall Federal Credit Union of Panama City, Fla. ($2 billion in assets, 114,702 members), which paid members $13.7 million this month as a special dividend. The amount represented about $119 per member and 68 basis points of its ROA of 0.52% for the 12 months ending Sept. 30.

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Jim DuPlessis

A journalist for decades.

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