More than 80 percent of Connecticut’s credit unions had positive net income in 2022, and a majority had double-digit loan growth last year, according to data released this month by the National Credit Union Administration.
While credit union membership has declined, Connecticut’s credit unions had one of the highest returns on average assets in the U.S., according to data released last week by the National Credit Union Administration.
While most Connecticut credit unions had positive net income in the first half of 2022, the state’s credit unions continued to lose members at a higher rate than most other states, according to data released last week by the National Credit Union Administration.
While most Connecticut credit unions had positive net income in 2021, the state’s credit unions had one of the lowest returns on average assets in the U.S., according to data released last week by the National Credit Union Administration.
While most Connecticut credit unions had positive net income in the first quarter, they continued to lose members at a higher rate than credit unions in most other states, according to data released last week by the National Credit Union Administration.
Connecticut’s share of credit unions with positive net income was among the lowest in the U.S. in 2020, although a majority of the state’s institutions did see positive income, according to data released last week by the National Credit Union Administration.
