Thursday, December 12, 2024

PSCU: Provides $25.9M Dividend To Aid Owner Credit Unions

PSCU: Provides $25.9M Dividend To Aid Owner Credit Unions

  • The move is part of PSCU’s commitment to aid owner credit unions and help them to succeed
  • PSCU’s cash distribution to owners so far this year is $15.3M, with $8.9M in capital redemptions
  • PSCU said it saved owner credit unions over $263M by delving deeper into a commitment of preventing fraud
  • Owers reap the rewards of PSCU investments by getting a piece of the financial returns distributed through the company annual dividend
  • PSCU has handed out upwards of $540.2M in patronage dividends since its founding
  • Then PSCU has moved toward implementing RPA throughout the organization

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

What is Fintech?

Fintech: A term used to refer to innovations in...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

First Abu Dhabi Bank Partners with Broadridge to Build Global Agency Securities Finance Business

Subheading First Abu Dhabi Bank collaborates with Broadridge Financial Solutions...

Proxymity and Citi Launch Vote Connect Global to Enhance Proxy Voting Efficiency

Subheading Proxymity collaborates with Citi Securities Services to launch Vote...

Mid-Tier Banks Invest Heavily in Payment Modernization with Volante Technologies

Subheading Volante Technologies' latest report reveals significant investments by mid-tier...

Axis Announces Proposed Redemption of Debentures Amid Strategic Asset Sale

Subheading Axis Auto Finance sets December 16, 2024, as the...

Anduril and Palantir Partner to Enhance AI Capabilities for National Security

Subheading The collaboration between Anduril and Palantir aims to revolutionize...

European Central Bank’s Digital Euro: Transforming Europe’s Financial Landscape

Subheading The European Central Bank's digital euro initiative aims to...

HSBC Reshapes Its Structure with New Leadership and Key Appointments

HSBC Restructures for Agility: HSBC is simplifying its...

Mambu Acquires Numeral to Boost Payment Solutions and Expand Market Reach

Mambu Acquires Numeral: Dutch core banking technology provider...

Related Articles

Popular Categories

spot_imgspot_img