MIAMI – South Florida Educational FCU has paid a special Shared Earnings Dividend of $2 million to its members.
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Members were rewarded based on the amount saved and/or borrowed with the credit union. The Shared Earnings Dividend equals 10% of the dividends received on most of the members’ combined savings accounts and the interest paid on most of their loans from July 1, 2011 through July 1, 2012.
Since 2007, South Florida Educational FCU said it has given back $16.3 million to its members in the form of a Shared Earnings Dividend.
