Goldenwest Members Earn Bonus Dividend

For the seventh consecutive year, the Board of Directors for Goldenwest Credit Union has declared a bonus dividend on shares for their membership. The credit union will pay a 5.30% Annual Percentage Yield for the month of December.

“The bonus dividend is a prime example of how Goldenwest provides members with opportunities to earn higher dividends on their savings,” says Bill Hart, Chairman of the Board. “We are pleased to continue this tradition that will return more than $600,000 to our members in 2010.”

During the last seven years, Goldenwest members have earned close to $4 million through the bonus dividend program. The bonus dividend is paid on primary share accounts, secondary share accounts, Christmas Club share accounts, and IRA share accounts.

Paid for the month of December, a 5.00% APY bonus dividend is based on the average daily balance of shares during 2010. The bonus dividend is in addition to the 0.30% APY monthly dividend. Members will receive the total dividend of 5.30% APY on December 31, 2010.

“Our credit union is performing well in the current economic environment,” says Shelley B. Clarke, President/CEO. “Paying a bonus dividend is a direct result of the strong support we have received from our members, employees, and volunteers.”