Good news! For the first time in recent history, this year our members will collectively earn more than $1.2 million with a bonus dividend. Our Board of Directors approved the dividend at their November Board Meeting.
The one-time dividend is paid on an aggregate account and loan balance and is in addition to regular monthly dividends paid on member share accounts. Bonus dividends are not a regular occurrence, but may be paid out to members depending upon market conditions and the overall performance of Clackamas.
Our President/CEO, Aaron Goff, stated “2018 has been a remarkable year for Clackamas, with record financial performance, particularly in auto lending. We are continuing to grow with more loan and financial experts on staff and eight branches around the county to better serve members.”
We remain well-positioned to meet the needs of our members. Providing outstanding financial services and financial literacy training to the community, we are proud to be a trusted financial partner to more than 32,000 members that live, work, worship, or attend school in Clackamas County, Oregon. We continue to invest in product offerings, branch locations, and our friendly and helpful staff to provide members of all walks of life with the resources they need to succeed.
Have questions about the bonus dividend? Check out our FAQ page.