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Article: Maine credit unions perform well in '06
- Article from:
- Bangor Daily News Bangor, ME
- Article date:
- February 27, 2007
CopyrightCopyright 2007 Bangor Daily News Bangor, ME. Provided by ProQuest LLC. (Hide copyright information)
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Maine's credit unions finished 2006 with solid increases in year-
end statistics as reported by the Maine Credit Union League and its
70 affiliated credit unions.
The Maine Credit Union League compiled figures for 2006, which
indicate that assets at Maine's credit unions experienced solid
growth and stand at $4.15 billion, an increase of 4.02 percent over
2005.
Loan amounts, which were steady throughout the year, grew by $113
million, totaling just more than $3 billion, an increase of 3.83
percent.
The growth of savings accounts outpaced the national trends with
an increase of 3.72 percent for the year and currently total $3.4
billion.
Membership at Maine's credit unions remains steady with ...