Which credit union has the highest dividends/income ratio?

 
 

Giving back to members is one of the driving principles behind the entire credit union system, and the dividends-to-income ratio is one way to see this principle in action. Dakota Telco ($20.7M, Fargo, ND) had a 73.5% dividends/income payout ratio in the fourth quarter. They paid out over $200,000 in dividends in 2012 while bringing in $280,000 in income. Dakota Telco ranked first among all credit unions over $20 million in assets.

San Joaquin Power Employees ($123.0M, Fresno, CA) posted the second highest ratio at 61.1%, followed by Kula Community ($43.1M, Kahului, HI) at 58.3%.

LEADERS IN DIVIDENDS/INCOME RATIO
DATA AS OF DECEMBER 31, 2012 FOR ALL CREDIT UNIONS OVER $20 MILLION
© Callahan & Associates, Inc.

  Credit Union State Dividends/Income Dividends Income Total Assets
1 Dakota Telco ND 73.45% $206,356 $280,929 $20,731,000
2 San Joaquin Power Empl. CA 61.12% $2,760,242 $4,516,285 $123,024,157
3 Kula Community HI 58.30% $704,233 $1,207,879 $43,072,152
4 Triboro Postal NY 56.72% $1,891,670 $3,334,834 $125,742,579
5 Morristown NJ 55.70% $1,173,970 $2,107,543 $65,227,033
6 Division 819 Transit Empl. NJ 55.30% $631,532 $1,142,040 $22,473,998
7 Merck Employees NJ 53.63% $23,665,550 $44,130,767 $1,837,636,751
8 Public Service Plaza NJ 52.32% $201,500 $385,107 $20,884,517
9 Lufthansa Employees NY 52.19% $1,279,868 $2,452,310 $102,920,159
10 AFLAC GA 52.02% $2,683,389 $5,158,165 $181,750,781

 

 
 

May 1, 2013


Comments

 
 
 
  • would be helpful to have and industry average to see how exceptional these results were--or average per peer group. Also would assume they have very low opex ratios to go with this.
    Anonymous