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The Golden 1 To Return Sale Proceeds To Members.(Golden 1 Credit Union)(Brief Article)

Credit Union Journal

| September 10, 2001 | COPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

The Golden 1 Credit Union is handing $20 million to members from the $30 million sale of its interests in the STAR ATM Network when it was sold to Concord EFS Inc. in February. The windfall is the result of the CU's $150,000 investment in 1994 as one of the original backers of STAR. The funds will be paid to members under three different programs and depending on participation level at the $3.5-billion CU as of Sept. 13: based on their dividend earnings so far ...

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Source: HighBeam Research, The Golden 1 To Return Sale Proceeds To Members.(Golden 1 Credit...

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