Federally insured credit unions again reported increases in shares and deposits and membership during the fourth quarter of 2016, the NCUA reported Monday.

At federally insured credit unions, shares and deposits increased by $76.6 billion, or 7.5% over the year, to $1.09 trillion during the fourth quarter of 2016.

Total assets in federally insured credit unions increased by $88 billion, or 7.3% over the year, to $1.29 trillion during the fourth quarter of 2016.

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