ALEXANDRIA, Va. – Federal credit unions that have added underserved areas to their fields of membership have had three year's of sharper growth in membership, shares and loans compared to Federal credit unions overall, according to data the NCUA has released. The federal credit unions that added underserved areas saw their membership grow 17.43% from 2000-2003, the agency reported. Shares grew 53.83% and loans 49.99%. By comparison, federal credit unions overall saw there membership grow 5.17%, their shares 41.28% and their loans 31.57%. Credit unions adding underserved areas added almost 12.5 million members in 2003, the agency reported. These credit unions added $75.3 billion in share deposits and booked just over $57.5 billion in loans.
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