Credit union to distribute $600,000 dividend

Members of Lincoln County Credit Union can look forward to a substantial dividend payment.

On Sept. 29 at the annual membership meeting, Lincoln County Credit Union announced a $600,000 patronage dividend. The dividend is a distribution that a co-operative like a credit union pays to its members based on the proportion of profit made by the business.

The funds will be deposited directly into members accounts.

The credit union’s first patronage dividend came in 1997 at a total of $100,000.