DEARBORN, Mich. – Members of DFCU Financial FCU woke up yesterday richer–by $17 million-courtesy of their credit union’s third annual bonus dividend.
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Members received one half of 1% of their average loan and deposit balances, with a minimum dividend of $50.
Through the first three quarters of 2008, DFCU reported $28 million in net income, up 26% from the same period in 2007.
This the third straight year Michigan’s largest credit union has paid a bonus dividend of more than $17 million.
