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DATCU CU Announces Largest Member Bonus Dividend in Its History
Monday, January 9, 2017 6:50 AM

DATCU Credit Union has announced that the largest year-end bonus dividend in its history, in the amount of $3,463,865, will be paid to member-owners as of Jan. 1, 2017. The board of directors approved the one-time bonus dividend payout at the board meeting held on Dec. 20, 2016.

This is the eighth consecutive year that the DATCU board has made the decision to pay a bonus dividend. In the last eight years, DATCU has distributed more than $9.5 million dollars back to its member-owners.

Qualified members will receive a one-half percent (0.50 percent) dividend based upon a member’s average daily balance during 2016, all balances combined, for the entire year.  Members share in benefits when the credit union does well. 

“Our members are the key to our success. DATCU had another great year, and it’s just another way to reward our members for doing business with us,” said Glen McKenzie, DATCU president/CEO.

About DATCU Credit Union
DATCU Credit Union, founded more than 80 years ago, is a full-service, member-owned, not-for-profit financial institution with a long-standing tradition of exemplary service. DATCU currently serves almost 89,000 members. Membership is open to anyone living or working in Denton, Cooke, Wise, Montague, or Clay Counties. To learn more about DATCU Credit Union, visit datcu.org or call 866-387-8585.