DENTON, Texas—To kick off the New Year, DATCU Credit Union returned a $1,768,059 bonus dividend to its members.
The payout, made Jan. 1, is the largest-ever from the $745-million CU. It is the sixth consecutive year that DATCU has paid a bonus dividend, in that period handing out more than $4.7 million in bonus dividends.
The giveback was based on 0.30% of a members’ annual average of all balances.
“We’re very proud that it’s been another strong and steady year here at DATCU; our members are loyal and it’s truly an honor to show our appreciation by giving back to them,” said CEO Dale Kimble. “We’re here to help people and to support the communities that we serve and we are grateful for that opportunity.”
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