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Five credit unions will pay their 442,860 members $9.9 million in special dividends, including $5 million from Wisconsin’s CoVantage Credit Union.

CoVantage ($2.9 billion in assets, 149,806 members), based in Antigo, 90 miles northwest of Green Bay, is paying members $5 million in January as a patronage dividend. The amount represents about $33 per member and 18 bps of its ROA of 0.90% for the 12 months ending Sept. 30.

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Jim DuPlessis

A journalist for decades.

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