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industry overview
CREDIT UNIONS @ DECEMBER 31, 2013
As of December 2013, the nation's 6,687 credit unions held $1.08 trillion in assets, up 3.9% from the previous December. They held over $653 billion in loans backed with over $120 billion in capital. Here are other notable year-end trends:
The industry's MBL portfolio is growing as more credit unions step into small businesses lending. By Mark Reed
Callahan’ FirstLook credit unions closed out 2013 with the highest credit card penetration and credit card loan growth since the recession began. By Janet Lee
Members are saving less and spending more amid the improving economy. By Andrew Bolton
Callahan’s FirstLook data shows increased originations as consumer lending continues to gain ground in the portfolio. By Andrew Bolton
Callahan's annual non-interest income survey highlights the crucial role NII plays in a credit union's bottom line. By Mark Reed
Credit unions are posting record financial performances, now it’s time to refocus on their member-owners. By Erik Payne
Callahan's quarterly Trendwatch presentation is now available in its entirety. Learn how credit unions performed in 2013 and find new opportunities in today's economic environment.
To view the replay, please click the link below:
4Q13 Trendwatch