In one of Kevin Willour's last acts before retiring as president/CEO of Beacon Credit Union on Dec. 31, he oversaw the distribution of a $1.8 million special dividend to its members in 50 Indiana counties.
Beacon, of Wabash, Ind. ($1.5 billion, 47,041 members) said it would be paying members a bonus dividend by Dec. 19 that represented about $38 per member and 12 basis points of its 0.38% return on average assets for the 12 months ending Sept. 30. The previous dividend was $1.3 million.
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