CUNA Mutual Group Report Shows Fastest Nine-Month CU Member Growth in History
December 24, 2016
December 5, 2016
Top points for the report include:
- Credit union savings balances rose 1.5% in September, greater than the 0.2% gain reported in September 2015, due to the month ending on a payday Friday.
- Credit unions added more than 3.471 million memberships in the first nine months of 2016, the fastest pace in credit union history.
- Loan balances rose 7.8% during the first nine months of this year, slightly below than the 8.0% reported for the similar period last year.
View the full report at CUNA Mutual Group.