CEFCU Issues $40M Dividend

Peoria, Ill. – Citizens Equity First Credit Union (CEFCU), a $5.2-billion institution based in Peoria, Ill., said its board of directors has issued a $40 million "extraordinary dividend" to its members for the second consecutive year.

Funds were deposited to members' savings accounts on Dec. 10.

CEFCU currently has more than 313,000 members.

CEFCU noted that the amount each member will receive was determined by dividends earned and interest paid during the first 11 months of the year, as of Nov. 30.

Over the past 16 years, CEFCU has returned a total $155 million in extraordinary dividends to its members.

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