OGDEN, Utah – Goldenwest CU is one of the first credit unions to announce a holiday bonus this year, with members due a bonus dividend of 4.35% APY.
The dividend, a total of $600,000, will amount to a 4.50% dividend for the month of December.
The one-time dividend of 4.35% APY will be paid on primary shares, secondary shares, Christmas Club shares, and IRA shares.
“We’re excited about the direction our credit union is moving,” said Kerry Wahlen, president of the $800 million credit union. “In 2012 we opened offices in Lehi and Centerville, providing a stronger branch network for our members. We posted record numbers for mortgage origination, and worked hard to get return on assets close to 1.50%.”