Eastman awards ‘extraordinary dividend’
Eastman Credit Union members can expect to share in a $15 million “extraordinary dividend” in January.
Recently approved by ECU’s volunteer board of directors, this payout will bring the new total to $177 million returned to members since it began in 1998.
“We are excited to return this money to our members. This announcement is a direct result of our members’ loyalty, our employees’ hard work, and our board’s leadership,” said Kelly Price, the credit union’s president and CEO.
The dividend signifies the shared success afforded by the credit union’s cooperative structure. Member payouts are calculated based on the interest paid on loans and earned on deposits throughout the year.
“Announcing the extraordinary dividend is always exciting. It exemplifies the credit…
