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ALEXANDRIA, Va. — The nation’s 8,100 federally insured credit unions reported solid loan and share growth along with an increase in loan delinquencies and membership expansion for 2007.

With membership growth to 86,837,478 during 2007 loan growth was at 6.6% and share growth was 5.2%. Investments expanded 4.9% following several years of decline, with credit unions primarily investing in the corporate credit union system. “I am pleased to note that call report results indicate that cornerstone of credit union stability, net worth remains high at 11.44%,” said NCUA Chairman JoAnn Johnson. “Real estate loans increased 11.0% to $271.1 billion in 2007 illustrating credit unions are actively engaged in serving their members’ mortgage lending needs.

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