Summit announces member dividend

Freeman Staff

 Nov. 11, 2014

MADISON Summit Credit Union recently announced approval by its Board of Directors to award patronage dividends through an annual program called Cash Boomerang, which will make its first payments to more than 30,000 members this November.

Individual Cash Boomerang payments vary based on the amount of money each member has saved and borrowed with Summit, as well as the overall success of the credit union between Oct. 1, 2013 and Sept. 30, 2014. In total, Summit Credit Union will pay nearly $1.5 million to participating members through Cash Boomerang this year.