Members1st Community Credit Union board members and officers hold a check showing the $175,000 in special dividends it distributed Dec. 15. They are Chair Kelley Molitor, left, board members David Draper and Jon Núñez, CEO Nick Tonelli, CFO Tom Blanford and board member Tami Lichtenberg. Credit/Members 1st Community Credit Union
Ten credit unions from Georgia to Pennsylvania are paying members $59.4 million in special dividends, including $46 million paid out Tuesday.
The biggest chunk was $20 million Tuesday from Robins Financial Credit Union of Warner Robins, Ga., 100 miles south of Atlanta. Its Member Rebate represents about $74 per member and 45 basis points (bps) of its return on average assets (ROA) of 1.33% for the 12 months ending Sept. 30. The credit union had $4.6 billion in assets and 271,332 members as of Sept. 30.
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