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TORONTO – Five members of the Credit Union Economics Group discussed emerging issues of the general economy, credit union liquidity, membership growth trends, and regulatory costs during a panel discussion last week at NAFCU’s Annual Conference.

Membership growth has been a challenge for credit unions in recent years, CUNA Mutual Group Chief Economist Dave Colby highlighted, “despite tremendous expansion in potential membership with SEG and community charter approvals and new members gained through indirect lending programs.” Roughly 44% of 2005 membership increases may be attributable to indirect lending, he said.

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