In this month's report, credit union membership spikes above levels seen over the last 25 years, loan balances grew and loan-to-asset ratios rose. Watch for Steve's highlights video coming out tomorrow.
A few highlights:
-- Credit union savings balances rose 1.9% in February, slightly less than the 2.2% advance reported in February 2014.
-- During February, credit unions picked up 440,000 new members, and loan balances grew at a 10.9% annual pace.
-- Credit union loan delinquency rates fell to 0.78% in February, down from 0.89% one year earlier.
Find past reports here: http://goo.gl/0Cqm2n
has really humanized their social media efforts and it looks like it's really working out. (Thanks for sharing your story, !)
CUNA Mutual Group is dedicated to providing timely information and free educational events for the credit union industry and its people.
This platform showcases insight from CUNA Mutual Group's credit union experts as well as financial industry thought leaders to encourage discussion and provide tools to spread the word about the benefits and news of the credit union industry. We will hit topics like: technology, social media, marketing, business and financial trends.
Bob Trunzo, is president/CEO of CUNA Mutual Group.
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