First Half of 2008 Shows Growth for Credit Unions

By Jeffry Pilcher

Published on August 26th, 2008 in Data Analytics

Member Growth: +1.3% to 88 million

Savings: +7.0% to $676.9 billion

Loans: +3.7% to $546.4 billion

Investments: +17.3% to $167.0 billion

Assets: +6.5% to $802.5 billion

Net Worth: +5.62% to $88.6 billion

First Mortgage Loans: +10.1% to $198.1 billion

Other Real Estate Loans: +1.7% to $92.8 billion

Used-Auto Loans: 3.3% to $92.0 billion

Credit Cards: +1.5% to $30.6 billion

All Other Loans & Lines: $25.6 billion

Loan-to-Share Ratio: 81.0%

Sample Size: 7,972 federally insured credit unions

Source: NCUA

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