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. 

Written by
admin
View all articles

About Us

The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 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.

LSCU Mission Statement

To create an environment that enables credit unions to grow and succeed.

LSCU Vision Statement

To be the trusted advocate and preferred source of information for credit unions.

If you need to reach us, e-mail communications@lscu.coop

Social Channels

Follow us on all major social media platforms.