Outstanding loan balances increased 1.2% during the third quarter and share balances increased 8.8% through September, according to analysis of aggregated 5300-call reports by Callahan & Associates.
On a disappointing note, credit unions reported a 1.69% delinquency ratio. This represents a 10 basis point increase from June, though the rate of increase is the slowest in the past four quarters.
Loan delinquencies increased by two basis points.
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