KANSAS CITY – Mazuma CU paid its members a year-end dividend of $720,000 to reward them for their patronage.
The bonus dividend, deposited in their share accounts on Monday, was based on qualifying share accounts and loans. Members received 3% of the interest earned on deposits and 3% of the interest paid on loans in 2007.
The payout is down from last year’s $1 million dividend.
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