Fusion Credit Union held their Annual General meeting last night.
It was announced that last year, the Credit Union provided over $250,000 in sponsorships, donations, and scholarships to 18 communities, and was able to circulate $2.2 million back to its members through patronage cash payouts as well as other dividends.
CEO of Fusion Credit Union, Darwin Johns says members can expect to see a portion of patronage allocations in their accounts this week.
“One thing we did share last night was the board declaring $550,000 in patronage allocations to our members, so that will be distributed to your surplus share accounts this week. The board also approved payout surplus shares in cash to our members aged 65 and older, to members holding over $15,000 in their surplus shares and members under the age of 19.”
Going forward, Johns says Fusion will be focussing on the rollout of enhanced digital services for their members.
