Over the past 10 years, PenFed grew assets and members by 140% and 106%, respectively.
A lower-than-peer operating cost structure is key to PenFed’s growth.
Washington State, Alaska see the highest loan growth at 9% and 8%, respectively.
An education program helps BECU grow business loans from $66 million to $415 million in four years.
The NCUA reports a 6.9% increase in total shares and deposits from Q4 2014 to Q4 2015.
Despite a net loss of 288 credit unions, the industry gains nearly 250,000 new memberships in 2015.
Core deposits drive year over year share portfolio growth in 2015, a new report reveals.
Credit union marks 48 straight months of positive earnings after being placed into conservatorship in 2011.
New report forecasts personal loan balance increases and stable delinquencies in 2016.
CUNA Mutual Group reports HELOCs, unsecured personal loans and new auto loans drove growth in 2015.