Goldenwest Members Earn Bonus Dividend

OGDEN, UT: November 23, 2011 – For the eighth consecutive year, the Goldenwest Credit Union Board of Directors has declared a bonus dividend for their membership. The credit union will pay a 4.20% Annual Percentage Yield on shares for the month of December.

"In the midst of negative reports about financial institutions across the country, we have great news for our members," says Bill Hart, Chairman of the Board. "Goldenwest is among the strongest credit unions in the nation. We are pleased to report Goldenwest will return more than $575,000 to our members in 2011 with a bonus dividend."

The Goldenwest bonus dividend program has paid an astounding $4.5 million to members since 2004. The bonus dividend is awarded on primary share accounts, secondary share accounts, Christmas Club share accounts, and IRA share accounts.

Paid for the month of December, a 4.00% APY bonus dividend is based on the average daily balance of shares during 2011. The bonus dividend is in addition to the 0.20% APY monthly dividend. Members will receive the total dividend of 4.20% APY on December 31, 2011.

"Goldenwest continues to remain strong despite the economic downturn," says Shelley B. Clarke, President/CEO. "We believe the tradition of awarding a bonus dividend is an important part of our success. As we take care of our members, they take care of us."

Founded in 1936, Goldenwest serves more than 83,000 members, holds $780 million in assets, and operates 18 branches throughout Utah with offices in Weber, Morgan, Davis, Salt Lake, Utah and Washington Counties.