Florida credit unions grew assets, but not membership, in 2018

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Florida credit unions saw their assets, loan growth and net income rise faster than the national average during the first three quarters of 2018, but membership rates were stagnant. Median asset growth in Sunshine State-based credit unions reached 2.3 percent during that period, according to a recent analysis by the National Credit Union Administration (NCUA), surpassing the national rate of 1.7 percent. The NCUA study measured the median financial performance of the nation's 5,436 federally insured...

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