Total loans reach nearly $800B at the end of Q12016, an increase of 10.7% from a year ago.
The decrease comes as a result of a 20% year-over-year drop in loan refinances.
Editorial commentary on current issues from CU Times' editorial staff and correspondents.
Washington State, Alaska see the highest loan growth at 9% and 8%, respectively.
Despite a net loss of 288 credit unions, the industry gains nearly 250,000 new memberships in 2015.
One third of Americans will use a tech company for most financial services by 2020, a new report finds.
Four in 10 boomers have debt levels of more than $100K.
Survey reveals only 30% of consumers comparison-shop for auto and mortgage loans.
Sako Satka gets two years for his role in the massive fraud scheme involving the liquidated credit union.
Randy Gard Teall pleads guilty to approving $83,000 in loans in which he held financial interests.