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Credit Union 24 Announces Record Patronage

TALLAHASEE, Fla. - Credit Union 24, the credit union owned surcharge free network headquartered in Tallahassee, announced more than $3 million in patronage dividends for its member credit unions based on 2003 transactions. "This record-setting dividend is a direct result of the tremendous growth we've been enjoying at Credit Union...

By Staff Writer | Updated on May 18, 2004

TALLAHASEE, Fla. – Credit Union 24, the credit union owned surcharge free network headquartered in Tallahassee, announced more than $3 million in patronage dividends for its member credit unions based on 2003 transactions. “This record-setting dividend is a direct result of the tremendous growth we’ve been enjoying at Credit Union 24,” said James H. Park, CEO of the network. “Our ATMs have flourished to more than 28,000 locations and our robust point-of-sale (POS) program now includes most major national retailers as well as thousands of local merchants.” The latest patronage boosts the total paid to the network’s members since 1997 to over $7 million, the network said. The $3.2 million represents $.03 per transaction, Credit Union 24 added.

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