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News Now

CU System
CU Cooperative Branching pays 6 dividend
HARAHAN, La. (12/22/11)--Member-owners of CU Cooperative Branching LLC (CUCB), Louisiana's shared-branching credit union service organization, will receive a 6% dividend, payable Dec. 31.

CUCB also will offer transaction-tiered volume discount pricing beginning Jan. 1 (Louisiana Credit Union League eNews Dec. 21).

Since its inception in August of 1992, CUCB has grown into a network with more than 120 statewide locations and more than 4,400 locations worldwide to service shared branching credit unions' members.

"Because of the cooperative spirit amongst credit unions, CUCB has become an efficient network that has achieved great financial success, offering an incomparable service to members," Rod Taylor, president/CEO of Barksdale FCU, Bossier City, La., and CUCB chairman.


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