Maine Credit Union League Reports Strong Growth Among the State’s 62 Credit Unions
The Maine Credit Union League said the state’s 62 credit unions posted strong growth trends in members, assets, savings and loans for the first half of 2012.
As of June 30, the combined assets at Maine’s credit unions grew by $200 million to $5.87 billion, an increase of 4.1%. Loans outstanding to members totaled $113 million in the first six months, representing a 3.1% increase. Year-to-date loan originations also were up 37.3%, according the Portland-based league.