Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

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
St. Louis treasurer taps #creditunion to serve unbanked #NewsNow http://t.co/lWtcezJOej
14 hours ago
.@CUNAMutualGroup has committed $35K to @trustdotcoop over the next year to suppor the future of #creditunions.
15 hours ago
.@madison_mag gets the cooperative scoop from @SummitDoMore's @kimsponem http://t.co/RxSCeSegie
15 hours ago
.@VantageWestCU emeritus chairman Whittaker inducted into @DCUC_HQ Hall of Fame http://t.co/dpeP4ME49U
17 hours ago
Australian newspaper covers Gen Y tips from @ServusCU at @WOCCU conference http://t.co/xqmLfZVwaI
18 hours ago