Mirroring a trend seen in 2009, Georgia credit union memberssaid they plan to spend about the same as last year during theholiday season.

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While about half of nearly 6,000 credit union members surveyedstatewide said they plan to spend about the same as last year,44.3% indicated that they plan to spend less on the holiday seasonthan in 2009, according to a new poll from the Georgia Credit UnionAffiliates.

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Most shoppers still plan to spend modest amounts on gifts with43.9% of respondents expecting to spend between $100 and $500 while28.7% are planning to spend between $500 and $1,000. A little over16% said they plan to spend less than $100 in total on gifts thisyear while 11% plan to spend more than $1,000.

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The majority of respondents (77.8%) are planning to pay mostlyor completely by cash compared to 17.3% who plan to pay using acredit card. Roughly 5% plan to use savings from a Christmas clubaccount or other means.

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Data from 39 credit unions statewide showed Georgia consumersappear to be bolstering their account balances. During the firstnine months of 2010, savings deposits grew by 6.3% and checkingaccount balances increased by 11.4%.

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