KANSAS CITY, Mo. – Mazuma CU paid its members a year-end bonus dividend of $930,000.
Processing Content
The bonus dividend was based on qualifying share (deposit) accounts and qualifying loans. Members received 4% of the interest earned on deposits in 2011 and 4% of the interest paid on loans in 2011.
“This special dividend is one way the board of directors say ‘thank you’ to all of our members who have helped make this a truly special year,” said Brandon Michaels, president of the $450-million credit union.
