Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Tenn. CU gives back 1 million to members
CLARKSVILLE, Tenn. (12/9/09)--A Tennessee credit union will be giving $1 million in patronage dividends back to its members this year. The $334.2 million asset, Clarksville, Tenn.-based Fort Campbell FCU’s more than 36,600 members will see the patronage dividend deposited into their share savings accounts this week, the credit union said (The Leaf-Chronicle Dec.8). “We have given over $6 million back to members of the credit union over the past five years alone and we're so proud to be able to continue this tradition,” said Stewart Ramsey, Fort Campbell president/CEO, in a prepared statement. The amount that each member will receive is based on length of membership and number of services used, including checking, loans and online banking. “Credit unions are unique in the financial services industry in that they are cooperatives and therefore members directly benefit when the credit union has a successful year,” Ramsey told the paper. “Without stockholders to pay, Fort Campbell FCU is able to return those savings to members. “We are committed to investing in our community and giving back to our members, because the credit union was started here in 1954 and our members and employees call this home,” Ramsey concluded.
Other Resources

RSS print
News Now LiveWire
The Hill reports House Republicans plan to delay Aug. recess to stay in D.C. until they have enough votes to pass bill on border crisis.
4 hours ago
The FHLBs of Des Moines and Seattle announce they have entered into an exclusivity arrangement regarding potential merger of the 2 entities.
5 hours ago
SunCorp and @AlloyaCorp have announced their intent to merge.
7 hours ago
.@TheNCUA bars former employee of Southwest Communities FCU,Melissa Rosing,from work at any federally insured FI. http://t.co/owtVnPxVZT
7 hours ago
Fryzel added @TheNCUA is fed. governmt, thereby will B criticized, but always tried 2 do what is right. McWatters still 2 B sworn in.2of2
10 hours ago