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credit unions @ june 30, 2012
At the end of the first quarter of 2012, the nation's 7,105 credit unions held just over $1 trillion in assets, up 7% from one year ago. They held almost $590 billion in loans backed with more than $112.5 billion in capital. Here are more 2Q Trends to Remember:
For more on the industry's performance, use these resources:
Credit unions originated $156.7B in loans in the first half of 2012. This year marks the highest first quarter, second quarter, and first-half on record for the industry. Read more about loans, shares, investments, ROA,productivity, and more.
How is the credit union industry faring compared to this period last year? Find out from this industry snapshot.
Watch Callahan's 2Q12 Trendwatch Call in its entirety On-Demand on CreditUnions.com.
Download a copy of Callahan's 2Q12 Trendwatch Slides.
During the second quarter of 2012, credit unions originated their highest-ever loan volume.
Credit unions excel in building the loan portfolio as well as member relationships.
With $314M in assets, Dallas-based Neighborhood Credit Union generated an upswing in auto by bundling in loan forgiveness and other benefits.
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