Federally insured credit unions experienced growth in nearly every area during the third quarter of 2016, according to state-level data released by the NCUA this week.
Median loan growth in those credit unions was 3.9% during the year ending in the third quarter, while median asset growth reached 4.2%. The median growth in deposits and shares was 4.5% and the median loans-to-shares ratio increased to 63%.
The 3.9% median loan growth was down from 4.1% the previous year. The median growth rate was the highest in Washington, where it reached 9.7%, followed by Oregon at 8.1%.
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