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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.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634