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CU System
CU System briefs (01/01/2009)
* PORTLAND, Ore. (1/2/09)--Providence Health System FCU gave members a holiday gift by tripling their savings dividend rate for the month of December. Members with $5 or more in their Savings, New Age and Prime Time accounts. Members visiting branches were provided with a sticker that says, “Providence CU tripled my dividend rate. Ask me!” Shirley Cate, president/CEO of the Portland, Ore.-based credit union, said the dividend celebrates the credit union’s continuous success “and since 2008 was a prosperous year for us, and due to the challenges some of our members were facing, we wanted to thank them for their continued strong commitment” to the nearly $80 million asset credit union … * SPRINGFIELD, Mo. (1/2/09)--CU Community CU, based in Springfield, Mo., is celebrating its nearly 75 years in business by adding a bonus dividend totaling as much as an additional 50 basis points (0.50%) to members’ quarterly savings account earnings. The more-than-$53-million-asset credit union has 5,600 members. “Contrary to so many businesses in the current economy, we were fortunate to have a good year financially,” said Judy Hadsall, president. She added that “this is a tough time for everyone; we want to do everything we can to help.” Dividends were direct deposited to each member’s account Thursday …


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