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CREDIT UNIONS @ DECEMBER 31, 2012
At the end of 2012, the nation's 6,960 credit unions held just over $1 trillion in assets, up 6.2% from one year ago. They held over $605 billion in loans backed with $116 billion in capital. Here are other notable year-end trends:
For more on the industry's performance, use these resources:
Credit unions originated a record $330 billion in loans during 2012. This marks the highest year of loan originations in the industry’s history. 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.
Callahan’s quarterly Trendwatch call took place on Wednesday, February 13 and Thursday, February 14. On the call, Callahan’s Jay Johnson and Chip Filson discuss credit unions’ resurgence in 2012. In addition to reviewing industry trends, John Olivo presents Goldman Sachs’ Economic Forecast for 2013 and Bill Lawton, President & CEO of Community Financial Credit Union, discusses his credit union’s success through a commitment to lending through the financial crisis and cooperative principles.
To view the replay, please click the link below:
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