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Six credit unions have announced they are paying $36.7 million in special dividends to 1.5 million members spanning the nation.Nearly half is from Desert Financial Credit Union, which is paying members $16 million in January as a Member Giveback Bonus. The Phoenix credit union ($8.9 billion in assets, 472,620 members as of Sept. 30) is paying $34 per member and 19 basis points of its 0.86% return on average assets for the 12 months ending Sept. 30.

Jeff Meshey

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