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DEARBORN, Mich. – Members of DFCU Financial, Michigan’s biggest credit union, got a New Year’s present yesterday, a $21 million patronage dividend—the biggest ever among credit unions.

ANTIGO, Wis. – CoVantage CU paid members a $1.5 million patronage dividend comprised of both a loan dividend and a loan rebate.

TEXAS CITY, Texas – AMOCO FCU said it will pay its members $1 million in bonus dividend and loan interest refunds for 2011, the 16th straight members’ payout for the $565-million credit union.

SAN FRANCISCO-Will some of the additional risks taken during 2011 to get additional loan dollars come back to haunt in 2012?

MADISON, Wis.-The U.S. economy improved somewhat in 2011, but according to Dave Colby the global economy is a "little bit more risky" as the calendar turns to a new year.

ONTARIO, Calif.-California is seeing solid signs of recovery from the economic downturn-especially along its coastal regions-but Nevada is "still struggling."

NEW YORK-If the economy rebounds in 2012 some of the last people to feel it will be CUs that are part of the National Federation of Community Development Credit Unions.

LAKE BLUFF, Ill.-It's a long way from those early cigar boxes. Credit unions are expected to surpass $1-trillion in total assets sometime later this year, perhaps in the first half of the year.

ALEXANDRIA, Va. – NCUA has released the 2010 audited financial statements for the Temporary Corporate Credit Union Stabilization Fund, saying the statements received an unqualified or “clean” audit opinion from KPMG LLP.

BIRMINGHAM, Ala. – NCUA announced this morning it liquidated Birmingham Financial FCU, a $1.3 million community development credit union it has run under conservatorship since October and assigned the remnants of the year’s 15th credit union failure to $113 million eCO Credit Union of Birmingham.

LAS VEGAS-One year in the desert has done wonders for the health of Honolulu-based Aloha Pacific FCU.

WASHINGTON-A number of people remain hopeful that early next year community development financial institutions will learn they have access to more secondary capital.

KINGSPORT, Tenn. – Eastman CU is the latest credit union to announced a major holiday payout, with plans to distribute $5 million in extraordinary dividend payments to eligible members.

ALEXANDRIA, Va. – Two years after the credit union system was brought to its knees by the financial crisis, NCUA is reviewing the adequacy of emergency liquidity planning by credit unions.

WORCESTER, Mass. – Fast-growing Webster First FCU, which entered the Bay State’s north shore earlier this year with a deal for Saugus FCU, has agreed to acquire Winthrop FCU, its third merger of 2011, giving it a presence in the Boston market.

PEORIA. Ill. – CEFCU paid its members a $7 million extraordinary dividend yesterday.

MADISON, Wis.-The increasing number of fees banks are building into their pricing will affect credit unions' thinking on the same issue, according to one person.

WASHINGTON-Total loans outstanding at credit unions increased for the seventh straight month in October, according to analysis released last week by CUNA.

LAKELAND, Fla. – In a landmark deal, MidFlorida CU has agreed to acquire six Tampa-area branches, 16,000 member accounts and $115 million in assets from Space Coast CU, the Melbourne, Fla., credit union giant.

BIRMINGHAM, Ala. – For the second straight year Credit Union Service Centers of Alabama will pay a shareholder dividend.