Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
News Report Features West Massachusetts CUs' Growth
HADLEY, Mass. (2/13/13)--The growth of several credit unions in Western Massachusetts was featured Monday in a state news report.

The article mentioned UMassFive College FCU in Hadley, Freedom CU in Springfield, Holyoke (Mass.) CU, and Polish National CU, Chicopee (masslive.com Feb. 11).

Credit unions in the state had good growth last year in membership, deposits and loans based on data available through the third quarter 2012, Rob Kimmett, senior vice president of public relations and marketing for the Massachusetts Credit Union League, told the publication.

With more than $30.7 billion in assets, credit union assets were up 4.4% from third quarter 2011, Kimmett said. Loans rose 5% in that period to more than $20.5 billion, while membership in credit unions statewide increased 2.2% to more than 2.5 million members--37% of Massachusetts' population, Kimmett added.

To read the article, use the link.
RSS print
News Now LiveWire
Mo. #creditunion house hosts summer caucus for state Dems #CUHouse @MCUA_news http://t.co/AoKth9ULDs
15 minutes ago
La. #creditunion league launches new biz development council #NewsNow http://t.co/XTi6OFWS3Q
1 hours ago
Reap the benefits of #creditunion membership says @CharisseAmanda at @HuffingtonPost http://t.co/zCndkbaM2S
1 hours ago
#100MM growth? Look at millennials, philosophies that align w/ #creditunions @MyFoxTampaBay See #NewsNow http://t.co/Fsjay52a5m
1 hours ago
96 #creditunions across Britain have applied for funding from Lloyds Banking Group #CreditUnion Development Fund http://t.co/quq3OEE0Qq
16 hours ago