OGDEN, Utah – Goldenwest CU will pay its members a bonus dividend amounting to a 7% yield, for a total of $640,000 on Dec. 31.
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The $725 million credit union is having a successful year, reporting net income of $7.8 million through the first three quarters, although it has yet to record a charge for the corporate credit union bailout.
The bonus dividend will be paid on primary share accounts, secondary share accounts, Christmas Club share accounts, and IRA share accounts.
During the last six years, Goldenwest has returned more than $3 million to members through the bonus dividend program.
