PALM BEACH GARDENS, Fla. (5/4/15)--Florida Credit Unions Shared Services Inc. (FCUSS), a credit union service organization providing Florida with shared branching network services, announced a $551,753 patronage rebate and dividend to its participating credit unions and stockholders.
"As we move forward, FCUSS is firmly committed to continuing the tradition and adding value to our participants and shareholders by expanding and evolving with the credit union industry,” said Allan Prindle, FCUSS board chair.
The 2014 rebate was an increase of 7.1% from the previous year, providing a total of $7.5 million in aggregate back to its participants and shareholders.
FCUSS has 345 shared service facilities in its network, providing members access to more than 5,400 shared branch locations nationally represented by more than 1,845 credit unions that participate in shared services. In Florida, total transactions were more than 10.7 million in 2014, and nearly 100 million transactions were completed nationally.