Corporate Central Issues 3% Dividend

By Lisa Freeman

Published January 10, 2014, 4:01 p.m. EST

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Updated August 26, 2020, 10:04 p.m. EDT

1 Min Read

MUSKEGON, Wis. — Corporate Central Credit Union announced a dividend of 3% to member credit unions with Perpetual Contributed Capital (PCC) invested in Corporate Central for the month of December.

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President and CEO Robert W. Fouch lauded its member CUs' commitment to the corporate that made it possible for Corporate Central to issue such a sizable dividend, rather than just a small token amount. "It's their money; it's not our money", Fouch said in a statement. "They should profit from it. The more we can give back to them and provide them with value and profit, the more value and profit they can provide their members."

Former Editor in Chief

Lisa Freeman was the Editor in Chief of Credit Union Journal.

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