ARVADA, Colo.--()--Partner Colorado Credit Union (Partner) paid its members a record $700,000 pre-holiday dividend bonus in December.
“Our ability to pay a dividend each year largely depends on member involvement—the more relationships our members have with their credit union, the greater the revenue available.”
The $227 million credit union, which earned $1.5 million net for the first three quarters of the year, shared the payout with 25,000 members.
“The dividend bonus is an ideal way for us to thank our members and share our success,” said Sundie Seefried, Partner president and CEO. “Our ability to pay a dividend each year largely depends on member involvement—the more relationships our members have with their credit union, the greater the revenue available.”
The dividend payout to membership was part of Partner’s “Give Back Day” which included sponsorship of a community food drive with Food Bank of the Rockies and events at each of the credit union’s six branches. “We are committed to the credit union philosophy of ‘people helping people’ in the communities we serve,” said Seefried, “and we do this by funding programs through our Foundation. Giving back is part of who we are as a credit union and we live that philosophy every day.”
About Partner Colorado Credit Union
Established in 1931, Partner Colorado Credit Union has grown to serve the Denver metro area with six neighborhood locations. PCCU offers a range of financial products and services, including checking, savings, home and auto loans. Members benefit from the advantages of a credit union, including lower interest rates on loans and higher yields on savings. For more information, visit www.partnercoloradocu.org.