Credit Union announces 15 percent increase in dividend

Print Article

Whitefish Credit Union last week announced a 1.08 percent dividend for the six- month period ending on Dec. 31, 2017.

This dividend represents a 15 percent increase from the 0.94 percent dividend declared on June 30, 2017. The credit union has paid over $12.5 million in dividends to its more than 55,000 member-owners over the past year, which represents the largest dividend paid since 2010.

“What makes banking with a financial cooperative unique is account holders sharing in the success of the credit union,” said Jim Kenyon, President and CEO of Whitefish Credit Union. “We are proud to return to our members the largest dividend in the past seven years, while also maintaining our position as one of the strongest financial institutions in the state.”

The dividend outperforms the national average for a savings account by more than five times, and it exceeds the interest rate of most money market and certificate deposit accounts. Whitefish Credit Union does not require a minimum balance, or a deposit term, for members to receive dividends on their share accounts. Dividends are based on the average daily balance of an active share account, and they are paid semiannually.

Whitefish Credit Union is a not-for-profit financial institution and the largest credit union in Montana. For more information, visit WhitefishCU.com.

Print Article

Read More

Community rallies to support searchers, family of missing skier

February 22, 2018 at 9:14 am | Whitefish Pilot As the search for Dr. Jonathan Torgerson stretches into the sixth day, a community struck with grief and worry has been left without the traditional avenues to express their feelings to the family of...

Comments

Read More

Drama Club tackles mature topics in ‘She Kills Monsters’

February 21, 2018 at 2:22 pm | Whitefish Pilot Members of the Whitefish High School Drama Club took the lead when they selected the play they’ll bring to the stage this weekend. The club is presenting “She Kills Monsters,” written by Qui Nguyen...

Comments

Read More

Dogs ready to race in Flathead Classic this weekend

February 21, 2018 at 11:51 am | Whitefish Pilot Thirty-five teams are set to race in the Flathead Classic Sled Dog Race this weekend based near Olney. Race events take place Saturday, Feb. 24 and Sunday, Feb. 25 at Dog Creek Lodge and Nordic Cen...

Comments

Read More

Council denies Fresh Life Church’s proposal for mixed-use building on Central

February 21, 2018 at 11:48 am | Whitefish Pilot Citing its lack of compatibility with downtown, Whitefish City Council Tuesday denied a proposal by Fresh Life Church to construct a mixed-use building on Central Avenue. It’s an issue that drew ab...

Comments

Read More

Contact Us

(406) 862-3505
312 E. Second Street
Whitefish, MT 59937

©2018 Whitefish Pilot Terms of Use Privacy Policy
X
X