PEORIA, Ill. — Times are tough in many parts of the country, but credit union loan volume is soaring at the $3.6 billion Citizens Equity First FCU, the state's second largest, according to Charles Walker, chief financial officer.
"We're doing $1 billion in loans and that looks to be a record this year," said Walker, commenting on CEFCU's financial health.
Central Illinois, "which seems to be somewhat insulated from the rest of the country," has shown gains in manufacturing, education and health sectors, said Walker. Peoria, he noted, is the home of Caterpillar Tractor, which has performed well during the robust agricultural market.
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