ONTARIO, Calif. – CU Direct Corp., the parent of CU Direct Lending, is paying its 102 owners a $1.5 million dividend for 2012, slightly higher than the $1.4 million payout for each of the previous two years.

This year’s payout, the eighth in a row, amounts to a 3% dividend. CU Direct said it signed new agreements with 109 credit unions in 2012 and at year’s end 1,050 credit unions, serving 34 million members, were utilizing the CUSO’s lending solutions.

 

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