LITTLETON, Mass. – Octant Business Services, LLC, a CUSO offering business-loan underwriting, servicing and portfolio administration, announced it is giving its nine credit union owners a 10% percent dividend – the third year in a row for such a payout.
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The firm said it has expanded its client base to include 19 credit unions and realized the highest net profit in the company’s history.
Octant also announced that Tom White, president of Rockland FCU, was elected to serve as chairman of the board.
Octant is owned by Bridgewater CU, Digital FCU, EasCorp FCU, Granite State CU, Jeanne D’Arc CU, NMTW CU, Northeast CU, Rockland FCU and First Citizens’ FCU.
