Michigan Legacy Credit Union Announces Annual Patronage Dividends, Reflecting Another Benefit of Credit Union Membership
Carma Peters, president and CEO of Michigan Legacy Credit Union, a not-for-profit financial cooperative serving members throughout Michigan via local branches and online-virtual banking platforms, is pleased to announce the credit union’s Patronage 365 dividend totals for 2023.
How Returns Demonstrate Respect to Owners
Credit unions or cooperatives hoping to provide dividends to their owners at the end of the year will need to plan and budget for it much earlier than expected, says Bob Frizzle, who offers concrete steps and a timeline to follow.
Tyndall Federal Credit Union’s Giveback Campaign Reinvents Profit Sharing
The methods behind profit sharing can be a bit of a mystery for members, who typically have no clue as to why they receive the amounts they do. Tyndall FCU decided to remove the mystery and show members exactly how they can earn, resulting in more money going directly into members’ hands.
Top 8 Reasons Why You Should Know Who is Earning Dividends
Keegan Daniel explains the benefits of knowing which of your members are getting dividends and which are not, and how this data can allow you to better serve both your credit union and its members.
