Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Lending Up, Savings Down At Credit Unions

Wednesday, February 5, 2014 - 2:28 PM
From the Credit Union Times:
In the report, CUNA also said lending outpaced savings growth at credit unions last year for the first time since 2007. Reported loan balances also increased 6.8% in 2013, up from 4.8% in 2012.

Read more
That's good news for savers. Perhaps this was a factor in why PenFed offered such high CD rates.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708