Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
FSCC payout nearly 500000 dividend from fund
SAN DIMAS, Calif. (12/20/07)--Financial Services Centers Cooperative Inc. (FSCC) distributed a payout of about $500,000 in patronage dividends to shareholder credit unions Friday. The payout was from dividends generated by the 2003 revolving fund. In 2003, FSCC processed more than 11 million acquired transactions, which resulted in more than $1.2 million of patronage dividends. Friday’s payout was 40% of the total 2003 patronage dividends. The initial payment of 20% was paid March 12, 2004. FSCC plans to announce disbursement of 2007 patronage dividends by the second quarter of next year. It also expects to add 200 new outlet branches to the network, in addition to more than 2,000 V-com access points at 7-Eleven stores in September. FSCC, a credit union shared branch network, provides 5,000 full-service deposit locations in the U.S. and overseas.
Other Resources

RSS





print
News Now LiveWire
.@nytimes reports Sen. Harry Reid, Senate Democratic leader since 2005, will not seek re-election next year,
1 hour ago
Cornerstone CU Union Foundation says it's prepared to assist #CUs & their employees affected by severe storms in Arkansas and Oklahoma.
11 hours ago
In 2014,use of remote deposit capture experienced 13% increase to 51%. But checking a balance continued to B the most common mobile activity
11 hours ago
'Fixing Your Finances' part of @PCUA's #iBelong campaign http://t.co/7j6HO1njog @fox43 @Bellco_CU @Members1stFCU
15 hours ago
Home prices outpacing income growth in 3/4 of U.S. markets @RealtyTrac http://t.co/BQR1w4k822
17 hours ago