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Are credit unions growing?

April 26, 2017credit growing unions

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Are credit unions growing?

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The credit union industry displayed growth across all major categories during 2008. Credit unions posted the fourth highest loan volume on record. The primary driver of outstanding loan growth was the 11.5% growth in real estate loans, including 14.8% in first mortgage originations. The industry also captured record lending as well. There are over 7,900 credit unions in America.