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.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.