Ent Federal Credit Union returns $12.5 million to members
COLORADO SPRINGS, CO (January 20, 2015) — Ent is pleased to announce it will return $12.5 million to members through a Member Dividend. As a result of Ent’s strong 2014 financial performance, Ent’s Board of Directors approved this one-time dividend to member-owners as an additional benefit of belonging to the cooperative, not-for-profit credit union.
Randy Bernstein, Ent’s president and CEO, noted, “Sharing this Member Dividend allows us to recognize the contributions that our member-owners, both borrowers and savers, have made to the financial success of the credit union. Our members’ continued use of Ent products and services is a key component of the credit union’s continued success.”
Each Ent member in good standing as of the end of 2014 will receive a minimum Member Dividend of $25, which will be deposited into members’ Primary Savings Accounts on Jan. 22. Members may receive an additional dividend amount based on the amount of interest they paid on loans and dividends they earned on deposits in 2014.
“On behalf of the Board of Directors, management, and all of Ent’s employees, we want to thank our members for continuing to turn to Ent for all their financial needs. Ent has been serving members of the community for more than 57 years, and we look forward to continuing to serve member needs in the years ahead,” said Tim Rickert, Chairman of Ent’s Board of Directors.
Ent Federal Credit Union, established in 1957, is the leading financial institution in Southern Colorado, with more than $4.0 billion in assets and more than 240,000 members. The credit union provides a full range of financial solutions through 27 service centers throughout Colorado Springs, Woodland Park, Pueblo and Denver. Ent offers members online, mobile and telephone banking services, a Colorado call center and both a consumer and mortgage loan center. Ent is a not-for-profit, community-chartered credit union with membership open to businesses and individuals living or working in Denver, El Paso, Pueblo and Teller counties, as well as select communities in Weld, Adams and Arapahoe counties. Ent is federally insured by the NCUA. Ent.com