Archive

Go to:

November 2018
SMTWTFS
123
45678910
11121314151617
18192021222324
252627282930
< Oct Dec >
Leaguer Email Subscription

You are not currently subscribed. Click Subscribe below to receive the Leaguer email.

DATCU Credit Union Announces Bonus Dividend to Members
Monday, January 8, 2018 7:00 AM

DATCU Credit Union is proud to announce that a bonus dividend of $1,875,000 was paid to its member owners on Jan. 1, 2018. The board of directors approved the one-time bonus dividend payout at the board meeting held on Dec. 19, 2017. This is the ninth consecutive year that DATCU has paid a bonus dividend to its members, making the total distribution more than $11,300,000 in bonus dividends.

The credit union distributed the dividend of 0.25 percent to qualified members based upon a member’s annual average deposit balance. When the credit union is doing well, members share in those benefits. DATCU returns its profits to its members in the form of lower rates, higher yields, free checking, and free products for those with an active relationship at the credit union.

“We’re so pleased that it was another successful year at DATCU and that we were able to reward our members," said Glen McKenzie, DATCU president/CEO. "Giving back a bonus dividend is just one of the many ways that we demonstrate our appreciation for our member." 

ABOUT DATCU CREDIT UNION
DATCU Credit Union, founded in 1936, is a full-service, member-owned, not-for-profit financial institution. With a longstanding tradition of exemplary service, they currently serve over 93,000 members. Membership is open to anyone living or working in Denton, Cooke, Wise, Montague, or Clay counties. All are invited to take advantage of the products and services the credit union offers, including checking, savings, credit cards, multiple loan products, investment products, and insurance. To learn more about DATCU Credit Union, visit www.datcu.org or call 866-387-8585.