Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
N.J. CUs 2Q performance exceeds national stats
HIGHTSTOWN, N.J. (10/12/10)--The New Jersey Credit Union League released the New Jersey Credit Union Quarterly Statistics for the second quarter 2010, indicating credit unions in the state exceeded national performance benchmarks. The report is made up of statistics compiled by the Credit Union National Association. It provides an overview of the trends in New Jersey in the second quarter, such as economic growth, home prices, employment changes and the unemployment rate. It also compares averages for New Jersey credit unions with the national averages for credit unions (The Daily Exchange Oct. 11). Highlights of the report include:
* New Jersey credit union memberships increased to 1.15 million--a first-half 2010 jump of 24,000 or 4.25% (annualized). The increase follows annual declines in memberships in each of the past three years. * The state’s 2.1%, 12-month increase in total membership is noteworthy when compared with population growth trends, the league said. The U.S. Census Bureau reports a 0.4% average annual increase in New Jersey’s population during the past decade. * If sustained through year-end, the increase would be the fastest in New Jersey credit union membership since 2002, when membership rose 2.2%.


RSS print
News Now LiveWire
Stay tuned for coverage of @CUNA's BSA conference which starts Sunday. #CUNABSA #CUNACompliance
1 Day ago
Today's the last day to complete @CUNA's Home Depot data breach survey http://t.co/UcB8G9bVXe #StoptheDataBreaches
1 Day ago
Brenda Davis of Cross Roads Ministries will walk through 83 communities during the Ending Hunger Walking tour. (2 of 2)
1 Day ago
The Ending Hunger Walking tour, coordinated by the Maine CU League, kicked off at Old Maine CU in Augusta today. (1 of 2)
1 Day ago
Darwin Brokke of Citizens Community CU represented the #CU Association of Dakotas at a housing summit hosted by @SenatorHeitkamp
1 Day ago