The National Credit Union Administration’s latest report shows downward trends in several areas.
Median loan growth at federally insured CUs remained at 5.0 percent, where it stood the previous quarter, but median asset growth declined slightly, from 2.9 percent at the end of Q3 to 2.5 percent at the end of Q4. Similarly, the median growth rate for shares and deposits slid from 2.8 percent at the end of Q3 to 2.4 percent at the end of Q4, though the median loans-to-shares ratio ticked up slightly, from 65 percent to 66 percent. Read the full Article at CU Journal.
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