Many credit union leaders surveyed by NAFCU believe there will be a decrease in share growth yet an increase in income growth.

A decrease in share growth at their credit union was predicted by 35.6% of respondents, while 33.9% predicted an increase and 30.5% expected growth to be the same, according to NAFCU's January Flash Report.

On a more optimistic note, 44.3% said they expect their net income growth while 41% expect a decline.

The survey also showed that respondents are most concerned about the potential impact of an additional NCUA assessment and of additional restrictions on overdrafts.

In the survey, 50.8% of the respondents mostly expected employment levels at their credit unions, 32.8% expected more full-time equivalent employees and 16.4% predicted they would have fewer employees.

Respondents also reported mixed results at their own credit unions. In November, their year-over-year loan growth was 4%, down from 4.6% in October. Month-to-month loan growth from October to November was 0.2%, compared to -0.02% in from September to October.

NAFCU is predicting that when all data are in, credit union loan growth will have declined to 4.5% from 2009, from 7.1% in 2008.

Also, among respondents month-to-month share growth fell from 1.2% in October to 0.3% in November.