Dollar bills.

Seven more credit unions have announced $45.1 million in special dividends with more than two-thirds coming from credit unions in Michigan and Arizona.

The largest dividend came from DFCU Financial of Dearborn, Mich. ($6.9 billion in assets, 239,484 members), which paid members $18.6 million Jan. 6 as a Cash Back reward.

The amount represents about $77 per DFCU Financial member and 0.29% of its average assets for the 12 months ending Sept. 30. By comparison, it had a 0.55% return on average assets for the period after subtracting last year’s $22 million special dividend.

Since the Cash Back program launched in 2006, DFCU Financial has returned more than $510 million to its members.

“Celebrating 20 years of Cash Back is an important milestone for our organization,” President/CEO Ryan Goldberg said.

“Distributing $18.7 million this year, and more than a half a billion dollars since the program began, reflects who we are as an organization,” he said. “Sharing our success is not a one-time event. It is part of how we put members first.”

The next largest dividend came from Desert Financial Credit Union of Phoenix ($9.2 billion in assets, 497,868 members), which is paying members $16 million by Feb. 1 as a Member Giveback Bonus. The amount represents about $34 per member and 19 basis points of its ROA of 0.86% for the 12 months ending Sept. 30.

The $45.1 million from the seven credit unions represents about $40 for each of their 1.1 million members and 21 bps of their ROA of 0.74% for the 12 months ending Sept. 30. The other five were:

  • SRP Federal Credit Union of North Augusta, S.C. ($2 billion in assets, 199,864 members), which is paying members $4.2 million in January as a Loyalty Dividend. The amount represents about $22 per member and 24 bps of its ROA of 1.50% for the 12 months ending Sept. 30.
  • AlaTrust Credit Union of Birmingham, Ala. ($210.7 million in assets, 13,306 members), which paid members $600,000 Dec. 31 as an interest rebate and bonus dividend. The amount represents about $46 per member and 30 bps of its ROA of 0.76% for the 12 months ending Sept. 30.
  • Charter Oak Federal Credit Union of Waterford, Conn. ($1.6 billion in assets, 88,364 members), which paid members $867,000 in December as cash bonuses to its Gold Rewards members. The amount represents about $10 per member and 6 bps of its ROA of 0.86% for the 12 months ending Sept. 30.
  • Streator Onized Credit Union of Streator, Ill. ($399.8 million in assets, 38,109 members), which paid members $2.5 million Dec. 15 as an Extraordinary Dividend. The amount represents about $68 per member and 69 bps of its ROA of 1.30% for the 12 months ending Sept. 30.
  • Beacon Credit Union of Wabash, Ind. ($1.7 billion in assets, 53,277 members), which paid members $2.3 million Jan. 1 as a loan interest rebate. The amount represents about $49 per member and 15 bps of its ROA of 0.27% for the 12 months ending Sept. 30.

“2025 was a solid financial year for Beacon Credit Union, made possible by the steadfast loyalty of our valued member-owners,” President/CEO Dustin Cuttriss said.

So far this season, CU Times has tallied 35 credit unions ($105.4 billion, 5.1 million members), which have announced $229.7 million in special dividends. The amount represents about $45 per member and 22 bps of their 12-month ROA of 0.91%.

Credit unions interested in sharing their special dividend announcements can email them to Jim.DuPlessis@arc-network.com.

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