The recession continued to take a toll on credit unions during the first quarter of 2009 in many categories, though an increase in savings and overall membership eased some of the pain, the NCUA reported today.
Net worth declined 3.9% to $83.1 billion and loans decreased .l1% to $565.2 billion, according to data provided in call reports.
Assets increased 5.6% to $856.4 billion; investments increased 14.5% to $189.8 billion. Shares increased 6.4% to $724.5 billion and membership increased .7% to 89.2 million.
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