The NCUA Report for March

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.