Paying extra bonus money to employee, special gift more salary or premium payment for high performance worker concept, businessman boss hand giving banknotes cash with reward ribbon. Credit/AdobeStock.

Four credit unions have distributed $18.4 million in special dividends since late November to members from Utah to South Carolina.

The largest was from Founders Federal Credit Union of Lancaster, S.C. ($4.3 billion, 260,119 members), which paid members $10 million Tuesday, Dec. 12 as a Loyalty Bonus Dividend. The amount represents about $38 per member and 24 basis points of its return on average assets of 1.20% for the 12 months ending Sept. 30.

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Jim DuPlessis

A journalist for decades.