The other five are:

Summit Credit Union of Madison, Wis. ($7.5 billion, 264,754 members), which paid members $2.5 million early this month as a Cash Boomerang. The amount represents about $9 per member and 4 bps of its ROA of 0.73% for the 12 months ending Sept. 30.
Western Division Federal Credit Union of Williamsville, N.Y. ($207.7 million, 10,754 members), which paid members $716,000 the week of Thanksgiving as Patronage Dividends. The amount represents about $67 per member and 36 bps of its ROA of 0.47% for the 12 months ending Sept. 30.
Bessemer System Federal Credit Union of Greenville, Pa. ($43.6 million in assets, 3,383 members), which paid members about $300,000 June 28 as a special dividend. The amount represents about $89 per member and 69 bps of its ROA of 0.75% for the 12 months ending Sept. 30.
Richland Federal Credit Union of Sidney, Mont. ($105.7 million, 4,952 members), which paid members $300,000 March 2024 as a special dividend. The amount represents about $61 per member and 28 bps of its ROA of 0.63% for the 12 months ending Sept. 30.
United Community Credit Union of Quincy, Ill. ($118.5 million, 10,232 members), which paid members $125,000 March 15 as interest rebates and bonus dividends. The amount represents about $12 per member and 11 bps of its ROA of 0.90% for the 12 months ending Sept. 30.

Last season, CU Times tallied 51 credit unions ($134.1 billion, 7.3 million members) that announced $322.2 million in special dividends through the end of February. The amount represented about $44 per member and 25 bps of their 12-month ROA of 1.03% through September 2023.

Instant Insights /

CEFCU Pays $55 Million Special Dividend

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