By Jim DuPlessis | January 05, 2026 at 04:00 PM
So far this season, CU Times has tallied 19 credit unions, which have announced $160.3 million in special dividends for members.
Eight more credit unions have reported special dividends, paying their 1.1 million members $42.1 million in December and January.
The bulk of the dividends came from Police and Fire Federal Credit Union of Philadelphia and Eastman Credit Union of Kingsport, Tenn., which each announced $16 million in rewards approved by their boards.
The late January payout from Eastman ($9.7 billion, 356,492 members) will bring its total special dividends to $225 million since 1998.
A news release from the credit union said “the Extraordinary Dividend is never guaranteed, but the strong financial performance of ECU in 2025 enabled the Board of Directors to approve this year’s $16 million payout.”
Eastman’s $16 million payout represents about $47 per member and 19 basis points of its average assets for the 12 months ending Sept. 30, compared with its 1.59% return on its average assets for the same period.
Amounts paid to individual members are based on the amount of interest they’ve paid on loans and dividends they’ve earned on deposits throughout the year.
“Our members are at the center of everything we do,” President/CEO Kelly Price said. “As a member-owned financial cooperative, we share our success with those who make it possible. This dividend is a tangible way to thank our members for their trust and loyalty.”
The collective $42.1 million from the eight credit unions represents about $39 per member and 18 bps of their ROA of 1.35% for the 12 months ending Sept. 30.
Besides Eastman, the other credit unions included:
- Police and Fire Federal Credit Union of Philadelphia ($9.8 billion, 439,277 members), which paid members $16 million Dec. 9 as a Member Bonus. The amount represents about $35 per member and 18 bps of its ROA of 1.6% for the 12 months ending Sept. 30.
- Firefighters First Federal Credit Union of Los Angeles ($2.4 billion, 74,209 members), which paid members $5 million Dec. 31 in its profit-sharing program. The amount represents about $73 per member and 23 bps of its ROA of 0.75% for the 12 months ending Sept. 30.
- Century Credit Union of St. Louis, Mo. ($170.7 million, 9,321 members), which paid members $150,000 Dec. 31 as bonus dividends and loan interest rebates. The amount represents about $17 per member and 10 bps of its ROA of 1.4% for the 12 months ending Sept. 30.
- Forum Credit Union of Fishers, Ind., 20 miles northeast of Indianapolis ($2.3 billion, 164,012 members), which paid members $4 million in 2025 as a member giveback. The amount represents about $25 per member and 19 bps of its ROA of 1.15% for the 12 months ending Sept. 30.
- Members First Credit Union of Brigham City, Utah ($197.6 million, 13,731 members), which paid members $500,000 in December as bonus dividends and loan rebates. The amount represents about $36 per member and 28 bps of its ROA of 1.6% for the 12 months ending Sept. 30.
- Niagara’s Choice Federal Credit Union of Niagara Falls, N.Y. ($256 million, 22,101 members), which paid members $225,000 Dec. 30 as a member loyalty payout, the Marshall County Journal reported Dec. 24. The amount represents about $10 per member and 9 bps of its ROA of 0.52% for the 12 months ending Sept. 30.
- Norstar Federal Credit Union of Britton, S.D. ($73.2 million, 2,790 members), which paid members $200,000 Dec. 30 as Bonus Dividends. The amount represents about $72 per member and 30 bps of its ROA of 1.13% for the 12 months ending Sept. 30.
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