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
Nebraska CUs' Mortgage Loans Up 7.7% in 3Q
OMAHA, Neb. (12/19/13)--A 7.7% surge in first mortgages led Nebraska credit unions to the highest level of growth in that category since the recession, according to the Nebraska Credit Union League.
 
The league's analysis of data from the National Credit Union Administration found that credit unions added $53.5 million in first mortgages through the third quarter, resulting in a total of $752.6 million in first mortgages and a 7.7% annual growth rate.
 
The level of overall loans outstanding reached $2.41 billion.
 
Also, the number of members that have auto loans at their credit unions rose 33 basis points, or 21.2% annually, for the third quarter. That penetration is higher than the national credit union average of 16.5%.
 
Credit union shares rose to $3.17 billion--a 4.1% increase compared with a year ago. Nebraska credit unions showed positive annual growth in all core deposit categories, said the league.
 
Membership at Nebraska credit unions reached 452,798 with a 2.1% growth rate that is on par with the national average.

RSS





print
News Now LiveWire
RT @cumagazine: Make a good impression during your #CUNAGAC Hill visits: 8 tips http://t.co/C4gtRbQG2s
5 minutes ago
Taking a walkthrough before #CUNAGAC starts this weekend. http://t.co/k9hktHjm9b
51 minutes ago
There will be lots of social media action at 2015 #CUNAGAC that starts in D.C. this Sunday. http://t.co/vyP4XbtFbk
1 hour ago
.@AACUC1 is part of a group of credit union organizations to introduce a new mentor program for small credit unions http://t.co/2vFE45ZnEW
1 hour ago
Perk up after Daylight Saving switch Sunday with #WescomKindness from @TheCoffeeBean @Liz_Wescom
1 hour ago