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News Now

CU System
In Kentucky, CUs' Loan Growth Up 7.2%
LOUISVILLE, Ky. (9/27/13)--Kentucky credit unions increased their lending by 7.2% in the past fiscal year, reported a Louisville, Ky.-based publication bizjournals.com (Sept. 25). 
 
That's better than the national average for credit unions of 5.5%, according to the most recent National Credit Union Administration data.
 
Louisville's five biggest credit unions--by total assets--increased their outstanding loans by 13.8% from July 1, 2012, to June 30, NCUA said.
 
The five credit unions are: L&N FCU, Park Community FCU, Kentucky Telco FCU, Class Act FCU and Jefferson County FCU.
 
Collectively, those five credit unions expanded their membership by 6.6%--besting the national credit union average of 2.2%.
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