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The NCUA Report for March

Thursday, March 18, 2010 - 7:30 AM
The NCUA newsletter includes some interesting 2009 stats on the nation's credit unions. These include:
  • Delinquent loans to total loans grew to 1.82 percent
  • Loans grew 1.1 percent to $572.4 billion from $566.0 billion
  • Shares (deposits) increased 10.5 percent to $752.7 billion from $681.1 billion
Note how much more deposit growth there was compared to loan growth. This is another factor in keeping deposit rates low.
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Ken TuminKen Tumin5,468 posts since
Nov 29, 2009
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