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CU July Membership Growth 3X Population Growth

Wednesday, September 4, 2013 - 7:46 AM
"The combination of a continued labor market improvement, significant pent-up demand, and seasonally strong borrowing should result in additional relatively strong loan growth in the coming months," Mike Schenk, CUNA vice president of economics and statistics explained. "All else equal, this should have a positive influence on credit union bottom-line results as short-term, liquid investments yielding close to zero are replaced with higher-yielding assets."

http://www.cuna.org/webassets/pag...px?id=6175

Which may eventually produce higher yielding deposit account products for the customer.
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