Unlike banks, when credit unions make a profit, they often return it to members. According to the CharlotteObserver.com
Founders Federal Credit Union will return $10 million to its members in the form of a bonus dividend, the Lancaster, S.C.-based institution said Thursday.
The bonus dividends will be calculated as of Oct. 31 and deposited in accounts Nov. 30. While amounts will vary, the average member who has both a deposit account and a loan will receive about $100
In January I reviewed several credit unions that gave their members year-end dividend bonuses
. Is your credit union paying any year-end bonuses?