Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
3Q report shows Maine CUs ahead of nations growth
PORTLAND, Maine (12/28/10)--Maine credit unions outperformed national averages of credit unions in several key performance categories during the third quarter. During the quarter ended Sept. 30, asset growth at Maine credit unions grew by 5.17%, compared to the national average of 4.96%. During the same time period, loan growth was 2.54% at Maine credit unions, while nationally credit union loan portfolios shrunk at a -0.44% rate (Maine Credit Union League Weekly Update Dec. 24). Maine credit unions’ quarterly return on assets was 0.50%, or 0.06% higher than the national average, according to Callahan’s Performance Summary. Maine’s loan delinquency rate of 1.23% was 0.53% lower than the national average.


RSS





print
News Now LiveWire
Consumer spending is slumping #Market #Economy http://t.co/RI4HS68IuJ
6 hours ago
April is #NationalFinancialLiteracyMonth & @TheNCUA Chair Matz urges #creditunions to help members learn to manage/protect their finances.
8 hours ago
Fed. FI regulators' statmnts on compromised credentials/destructive malware #cybersecurity http://t.co/f4uTBDm1PU http://t.co/zP5Iw6VxZc
9 hours ago
Home prices rising faster than wages: @RealtyTrac #NewsNow #Market http://t.co/wa74mnw3Cu
11 hours ago
.@Nussle dropped by the @ACUMuseum recently. Read about his visit http://t.co/bYe8RRgYLP
12 hours ago