CU*NorthWest and its board of directors approved and distributed a dividend to its stockholders during the stockholder Annual Meeting, held in conjunction with the 2014 Leadership Conference at Northern Quest Resort on June 25th. This is the third consecutive year that the CU*NorthWest’s board of directors has declared a dividend and also maintained steady stock value growth. The CUSO, founded in 2005 is now selling stock for twice the original offering.
Todd Powell, CU*Northwest board member says, “CU*Northwest has successfully transitioned from the start up phase to the growth phase. We’ve met or exceeded all of our projections to this point and have positioned the company to successfully continue expansion in the Western United States. The credit unions we serve are realizing the benefits of using a true cooperative for their data processing services.”