Shared Branch Network Announces Dividends

SAN DIMAS, Calif. – Financial Service Centers Cooperatives announced yesterday it plans to pay out over $2 million in patronage dividends to users of its shared branch network. The annual dividend, up 12% from last year, will be paid in April, around annual audit time. In addition, FSCC said it paid out $400,000 in December to shareholders for acquired transactions, the last cash payout of 2002 dividends. FSCC is poised for the April roll-out of a new fleet of 2,100 self-service kiosks at the nation’s 7-11 convenience stores, which will connect to its network of more than 2,400 credit union branches.

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