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Six Credit Unions Pay $13 Million in Special Dividends

More than half is distributed by New Mexico’s Nusenda CU.

100 dollar bills fanned out Source: Shutterstock.

Six credit unions paid $13.4 million this season as special dividends to their more than half a million members from South Carolina to Oregon, with more than half the amount from Nusenda Credit Union of Albuquerque, N.M.

Nusenda announced Jan. 26 that it paid members $7.8 million in January as a bonus dividend. The amount represented about $31 per member and 20 bps of its ROA of 0.81% for the 12 months ending Sept. 30.

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Jim DuPlessis

Jim DuPlessis

A journalist for decades.

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