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Two credit unions from the Carolinas paid members $24 million in special dividends this week.
Founders Federal Credit Union of Lancaster, S.C. ($4 billion in assets, 249,839 members as of Sept. 30) paid members $20 million Monday as a Super Loyalty Bonus Dividend. The amount represented about $80 per member and 54 basis points of its 1.70% return on average assets for the 12 months ending Sept. 30.
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