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Monday, December 17, 2012 - 10:11 PM
Navy Army CCU Pays 12% Year-End Dividend
Navy Army Community Credit Union (0 stars) - DetailsA welcome piece of news in the afternoon mail: a letter from NavyArmy dated 12/13 announcing a 12% bonus dividend to be deposited into a member's savings (share) account on or before 12/17/12 (today).
The amount equates to 2012 dividends paid to date (excluding Liberty Checking dividends), multiplied by 12%. Liberty Checking (Navy Army's RCA) was not calculated into the formula because the monthly dividend rate paid is significantly higher than market.
Thank you NavyArmy Community Credit Union for a wonderful surprise!
Edited to add date of letter
The amount equates to 2012 dividends paid to date (excluding Liberty Checking dividends), multiplied by 12%. Liberty Checking (Navy Army's RCA) was not calculated into the formula because the monthly dividend rate paid is significantly higher than market.
Thank you NavyArmy Community Credit Union for a wonderful surprise!
Edited to add date of letter
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