ALEXANDRIA, Va. (Dec. 12, 2018) – Federally insured credit unions generally saw continued positive trends in the third quarter of 2018, according to the latest NCUA Quarterly U.S. Map Review.
The review tracks performance indicators for federally insured credit unions in all 50 states and the District of Columbia and includes information on two important state-level economic indicators: the unemployment rate and home prices.
Nationally, overall membership continued to grow, concentrated in larger credit unions. Eighty-eight percent of federally insured credit unions reported positive net income during the first three quarters of 2018. Median annual loan growth in the year ending in the third quarter was 5.9 percent and median annual asset growth was 1.7 percent.
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