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Kansas CUs grew in second quarter
WICHITA, Kan. (9/16/08)--Kansas credit unions added members and grew in asset size in the second quarter, according to a report by the Kansas Department of Credit Unions. Credit union assets rose nearly 12%, while the number of credit union members increased more than 2%, the report said (The Wichita Eagle Sept. 13). Also, credit union loans rose 7%, and shares increased 11%, the report said. However, delinquencies climbed almost 12% during the quarter. The state’s credit unions are well-capitalized and have been able to handle national and global financial services issues, Marla Marsh, CEO of the Kansas Credit Union Association, told the paper.
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