Credit/Adobe Stock.
Two credit unions are closing out the 2023-2024 season of special dividends with payments of $10.2 million to members.
TruStar Federal Credit Union of International Falls, Minn. ($338.7 million in assets, 18,296 members as of Dec. 31) paid members $650,000 Feb. 27 as a Patronage Dividend. The amount represents about $36 per member and 19 basis points of its return on average assets of 0.87% for the 12 months ending Sept. 30.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
