As the economy heats up America’s credit unions are benefiting, according to new report in Credit Union Times.
CU Times’ Jim DuPlessis reports that credit unions are setting records and outperforming banks. New members are joining in numbers never before seen, and current members are borrowing more.
DuPlessis – citing…
America’s credit unions have seen unprecedented growth in both membership and lending recently, according to some fresh reports.
In one recent report, CUNA Mutual Group said that U.S. credit unions added $10.2 billion in loans to their balance sheet in June. This is the fastest growth in…
The November Credit Union Trends Report from the Credit Union National Association found that CUs generally increased their lending activity during 2014 as the economy improved. However, several challenges face CUs as we move into 2015.
CUNA reported that credit union loan balances rose faster in the latter part of…