Minnesota's credit unions had mixed results in key financialperformance indicators for the second quarter of 2013, according tothe Minnesota Credit Union Network.

Deposits at Minnesota credit unions decreased -0.4% in Q2 2013from Q1 2013, but increased 6.9% year-over-year from Q2 2012 to Q22013, the McCUN reported this week. However, Minnesota creditunions' core deposits grew from 40.1% in 2012 to 41.6% in the firstquarter of 2013, the league said.

Loan balances increased 2.7% in Q2 2013, up from a -0.5%decrease in the first quarter. Year-over-year loan growth was 4.4%between Q2 2012 and Q2 2013, according to the MnCUN. Additionally,despite the first quarter decrease in overall lending (-0.5%)credit unions' member business lending grew at a rate of 1.6%during the same time frame.

Minnesota credit union assets declined by just four-tenths of apercent between Q1 2013 and Q2 2013, with 6.2% growth between Q22012 and Q2 2013. Minnesota credit unions' total assets, despite adrop from 9.4% in 2012 to 7.6% in the first quarter of 2013, whichis above the national average of 5.3%, MnCUN reported.

Nonetheless, in Q1 of this year, Minnesota credit unions' assetquality measures improved. Overall, the 60+ day dollar delinquencyrate fell to 0.90%, a 0.19% decline compared to fourth quarter2012, the league said.

Minnesota credit union membership grew by 6,000 in Q1 2013 toreach 1,579,000 – a 0.7% growth rate. This number, althoughslightly behind the pace of the 0.9% growth reported in the firstquarter of 2012, illustrates consumers' continued interest in thecredit union business model, the MnCUN said.