PALM BEACH GARDENS, Fla.—Florida Credit Unions Shared Services, Inc. (FCUSS), a CUSO providing the state of Florida with shared branching network services, has announced a $551,753 Patronage Rebate and Dividend to its participating CUs and stockholders.
"As we move forward, FCUSS is firmly committed to continuing the tradition and adding value to our participants and shareholders by expanding and evolving with the credit union industry” said Board Chairman Allan Prindle in a released statement.
The 2014 rebate was an increase of 7.1% from the previous year, providing a total of $7.5 million in aggregate back to its participants and shareholders.
The Florida Network has 345 shared service facilities connected to its gateway, giving members access to more than 5,400 shared branch locations nationally represented by over 1,845 credit unions that participate in shared services. In Florida, our total transactions were more than 10.7 million in 2014, and nearly 100 million transactions were completed nationally.