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
Louisiana, Iowa CUs Report Growth In Key Areas
HARAHAN, La. and DES MOINES, Iowa (6/7/13)--Credit unions in Iowa and Louisiana reported growth in several key areas in the first quarter, according to National Credit Union Administration call report data.

Iowa credit unions--in the year ended March 31--led the U.S. in asset and deposit growth, and ranked fourth in the nation in loan portfolio growth, according to NCUA data (The Gazette June 5).

The state's credit union assets rose 10.4% in the first quarter, while deposits gained 10.8% and loans rose 9.9%.

Membership growth at Iowa credit unions expanded 2.4% to rank 24th in the U.S.

Louisiana's 209 federally insured credit unions added 5,933 memberships in the quarter--a 0.5% rise from December 2012, said the Louisiana Credit Union League (eNews June 5). Since March, memberships at Louisiana credit unions have increased by 21,490.

Also, assets at the state's credit unions have risen 3.3% to nearly $9.63 billion at the end of the first quarter from $9.32 billion at the end of 2012. In that same time frame, loans at Louisiana credit unions grew 0.2%.
RSS





print
News Now LiveWire
Which Children's Miracle Network Hospital is the winner of @CUDirect's 20 for 20 grand prize? Find out Tuesday.
1 hours ago
Gas prices have fallen for a record 88 days in a row says @AAAnews via @washingtonpost http://t.co/c52VTdqHEB
3 hours ago
.@TheNCUA releases regulatory modernization initiative results (PDF link) http://t.co/pgLZe4aget
4 hours ago
#FinCEN seeks nominations of FIs, trade groups for membership on Bank Secrecy Act advisory group http://t.co/l5w58c277W
5 hours ago
MI pediatric dentist pledges $20K match to Hurley Children's Hospital if it wins @CUDirect's 20 for 20 http://t.co/Eq2nIPm6jo
5 hours ago