LIBERTY LAKE, WA (July 1, 2013) CU*NorthWest and its board of directors approved and distributed to its stockholders a dividend during the stockholder Annual Meeting, held in conjunction with the Leadership Conference, which took place at the Northern Quest Resort from June 26-27.
Todd Powell, CEO of Spokane Firefighters Credit Union and CU*NorthWest Board Chairman, is more optimistic than ever about the condition and future for CU*NorthWest. “The CU*Northwest Board of Directors is very happy to declare a dividend for the second consecutive year,” Powell said, “Our transition from the startup phase to a growth phase has gone smoothly and we are very positive about the continued success of CU*NorthWest. We expect to add several new owners this coming year as credit unions recognize the great value of ownership in CU*NorthWest.”
About CU*NorthWest, Inc.
CU*NorthWest was founded in 2005 and is a 100% credit union-owned CUSO located in Liberty Lake, Washington. CU*NorthWest offers a wide variety of services for credit unions including its flagship CU*BASE processing system in both an online (ASP) and in-house environment, and Internet development services featuring the It’s Me 247 online banking product. Additional services include web site development, network design and security, bookkeeping services, and a complete eDocument solution. CU*NorthWest provides expertise in implementing technical solutions to operational needs, and helps credit unions form strategic alliances and partnerships. For more information, visit www.cu-northwest.com.