PEORIA, Ill.–Citizens Equity First Credit Union (CEFCU) has declared it will pay a $40-million Extraordinary Dividend to members.
CEFCU annually declares some of the largest special dividends to members as paid by credit unions.
“At CEFCU, you’re not just another number, you are part of a community — borrowers and savers helping one another achieve better,” the credit union said on its website. “More importantly, you’re an owner because every CEFCU member owns a part of the credit union. It’s this community that helps CEFCU members enjoy a better value every day — through fewer fees, great rates, and so much more.
“Your credit union remains strong, and our team is committed to serving you. While an Extraordinary Dividend is never guaranteed, we’re pleased to return our earnings back to the CEFCU members who made it happen — the owners,” the credit union continued. “The Extraordinary Dividend — just one more way members share in our success. Discover the better difference today, and switch to CEFCU.”
A video of the announcement can be watched here.
The $7.43-billion CEFCU has more than 390,000 members.
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