The 280 shareholding credit unions of CU24, a nationwide, credit-union owned POS and EFT network, will get their share of a $1 million patronage dividend, the company announced Aug. 25.
"The board of directors declared this patronage in accordance with our mission to help our credit unions compete and improve their members' lives," said Mansel Guerry, president/CEO of CU24 in Tallahassee, Fla. "The dividend is reflective of the company's positive financial performance and the value of participation for credit unions of all sizes."
The network said it has disbursed more than $17.5 million to credit union shareholders since its inception.
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