OGDEN, Utah—Goldenwest Credit Union has awarded members an annual bonus dividend, bringing the CU's total return to members to more than $5.8 million over the last decade.
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The 80,000-member, $858 million institution announced that it was returning $760,000 to its members for 2013, a one-time bonus dividend of 4.25% APY, to be combined with a monthly dividend of 0.10% APY.
The dividend caps off a year in which Goldenwest merged with USU CU, expanding its branch network by more than 20%, growing from 21 branches to 26.
Strictly from a cash perspective, this year's dividend is an increase over last year, when the credit union returned $700,000 to members, a 4.5% return.
