Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Kansas CUs report solid 1Q results
WICHITA, Kan. (7/8/14)--Kansas credit unions posted solid first quarter results, including loan growth of 9% that exceeds the national average of 8.8%.
 
Auto loans and credit cards ticked upward at 11.4% and 10.1%, respectively, followed by a strong showing of first mortgages with 7.8% annual growth, according to the Kansas Credit Union Association ( Vision July 1).
 
Members continue to deepen their relationship with their credit unions with an average relationship--outstanding loan and share balances combined--coming in at $12,937 with a 4.1% annual growth rate.
 
Kansas credit unions added nearly 16,000 members over the past year--an annual growth rate of 2.5%.
 
For the first quarter, credit quality remains high. At 0.74%, Kansas credit unions have a lower delinquency rate than local banks as well as banks and credit unions nationwide.


RSS





print
News Now LiveWire
Sony hack linked to N. Korea, says U.S.intelligence via @nytimes http://t.co/fE3PtMgEFz
21 minutes ago
.@CUNAMutualGroup Klewin shares final thoughts, forecast on lending regulations with @cumagazine before retiring http://t.co/v78QY3QwqB
3 hours ago
Current @CUNA COO @JillTomalin promoted to deputy chief of staff
3 hours ago
#CU Effect:@ChartwayFCU 'branch of the future' 2 benefit members, staff. 2nd installment of new News Now series here:http://t.co/ImBY4nupEj
4 hours ago
U.K. regulators have given formal authorization for the @c_of_e to form a #creditunion.
4 hours ago