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
Alabama CUs grow lend and members save
BIRMINGHAM, Ala. and TALLAHASSEE, Fla. (1/25/10)--Third quarter statistics indicate Alabama credit unions are outpacing the national credit union average in loans, savings and membership growth, according to the League of Southeastern Credit Unions. Alabama credit unions experienced a 10% increase in member savings--the highest increase in five years and 2% more than the national average. Alabama credit unions also added $500 million in new mortgage loans and $160 million in auto loans during the quarter. Membership in Alabama credit unions rose 3.5%--double the national credit union average over the same period. The state’s credit unions saw their assets grow 9.1%, which is 2% higher than the national average. Alabama has 135 credit unions with $14 billion in assets. The League of Southeastern Credit Unions serves credit unions in Alabama and Florida.
Other Resources

RSS





print
News Now LiveWire
CUNA: CUNA offices closed through Friday, News Now returns Monday http://t.co/a5xbLzQKDj
1 Day ago
Reminder: @CUNA's Madison, D.C. offices will be closed through Friday, open again on Monday. #NewsNow will publish Monday.
14 hours ago
MI dentist to match @CUDirect's $20K to @HurleyMedical as a result of #20for20 online voting http://t.co/hqmIc9LpK1 @CMNHospitals
15 hours ago
New #creditunion chartered in St. Louis - #LutheranFCU - by @TheNCUA http://t.co/faPfANGS0P. Only 3rd new FCU charter this year.
15 hours ago
Don't get hacked during the holidays-use these tips from @CUNA http://t.co/jEqxni6NhO #StoptheDataBreaches http://t.co/woIxPOIyys
16 hours ago