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How has lending changed in the year after the NCUA revised the 5300 Call Report business loan schedule?
Total loans at U.S. credit unions increased 9.5% in the third quarter of 2018 and reached an all-time high.
Cash and investment balances at credit unions fell 5.4% year-over-year, however, investment yields reached the highest third quarter level since September 2010.
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Credit card balances were up 8.4% annually to $59.9 billion as of Sept. 30, 2018.
What credit unions need to know about members, lending, asset quality, share balances, and more at third quarter 2018.
The CEO of LGE Community Credit Union talks mentors, teams, and putting members first.
Real comments from online review sites to inform strategies, policies, and practices.
Lost momentum is hard to get back, and the loss of forward momentum in the U.S. economy has become entrenched.
Maine credit unions reported strong loan growth in the third quarter of 2018. Member relationships in the state strengthened as credit unions reported growth in both average share and loan balances.
Credit unions must deliver ever-greater value to their members. This requires constant investment that is made easier, and more successful, by collaboration.