tag:blogger.com,1999:blog-319775530671726401.post1947150117500273965..comments2023-10-01T09:18:26.162-04:00Comments on Keith Leggett’s Credit Union Watch: Bonus DividendsKeith Leggetthttp://www.blogger.com/profile/14794334790117033547noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-319775530671726401.post-21527429097835276082011-12-23T16:23:52.418-05:002011-12-23T16:23:52.418-05:00Anonymous, why can't you pass on the successfu...Anonymous, why can't you pass on the successful plan throughout the year, like we do, instead of only at year-end? I'm a credit union CEO and see these bonus dividends as lazy budgeting and CEOs not having a handle on their credit union's finances.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-319775530671726401.post-18785692572160559532011-12-13T11:30:08.436-05:002011-12-13T11:30:08.436-05:00This article continues the fact that Dr. Leggett d...This article continues the fact that Dr. Leggett does not get credit unions. Without the ability to obtain alternative capital, credit union boards of directors must be cautious about distributing capital in the form of dividends throughout the year. Thus, when the business plan of the credit union is more successful than planned, the board returns additional dividends to the members. <br /><br />Seems like these boards are being good stewards of the members' money while protecting the health of the financial cooperative.Anonymousnoreply@blogger.com