Florida Credit Unions Shared Services, Inc. dba Shared Services for Credit Unions (SS4CU), a credit union owned CUSO providing the state of Florida with shared branching network services announced a $736,406 Patronage Rebate and Dividend to its participating Credit Unions and Stockholders.
“Our cooperative nature and our member’s best interest in providing accessibility and convenience, is what has made shared branching so successful.” said Allan Prindle, chairman of the board.
The 2017 rebate was an increase of nearly 20 percent from the previous year providing a total of $9.6 million dollars in aggregate back to its participants and shareholders.
Currently the Florida Network has 333 shared service facilities connected to its Gateway, giving members access to more than 5,500 shared branch locations nationally represented by more than 1,800 credit unions that participate in shared services.
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