pile of cash on the left side of the image Source: Shutterstock.

Desert Financial Credit Union will pay $16 million as a special dividend by Feb. 1 as part of its “mission to share success with the Arizona communities it serves.”

This year’s Giveback Bonus is the largest special dividend to date for Desert Financial ($8.3 billion in assets, 417,710 members), and it brings the total distributed bonuses to $70 million over the past six years. Last year’s dividend was $15 million.

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Jim DuPlessis

A journalist for decades.

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