Tyndall FCU announces $3.3M Year-EndBonus

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PANAMA CITY, Fla. - (12/19/05) Tyndall FCU is returning an extra $3.3million to members in the form of bonus dividends and loan interestrebates. The average bonus paid the “top” 40,000members is approximately $100, and some members will receive morethan $3,000. CEO Jim Warren, who joined the credit union two yearsago, said that even after the bonus payments, the credit union willstill report a high level of net income, approximately 1.5%, whichis almost double the level it recorded in 2004.

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