NCUA data shows CUs trending down

The National Credit Union Administration’s latest report shows downward trends in several areas. Median loan growth at federally insured CUs remained at 5.0 percent, where it stood the previous quarter, but median asset growth declined slightly, from 2.9 percent at the end of Q3 to 2.5 percent at the end of Q4. Similarly, the median […]

The National Credit Union Administration’s latest report shows downward trends in several areas.

Median loan growth at federally insured CUs remained at 5.0 percent, where it stood the previous quarter, but median asset growth declined slightly, from 2.9 percent at the end of Q3 to 2.5 percent at the end of Q4. Similarly, the median growth rate for shares and deposits slid from 2.8 percent at the end of Q3 to 2.4 percent at the end of Q4, though the median loans-to-shares ratio ticked up slightly, from 65 percent to 66 percent.  Read the full Article at CU Journal. 

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The League of Southeastern Credit Unions & Affiliates represents 302 credit unions in Alabama, Florida and Georgia, with a combined total of $175 billion in assets and more than 11.6 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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