Loan demand declined in most categories during the first quarter of 2010 and this added to the difficulties facing many federally insured credit unions, the NCUA reported today.
The loan-to-share ratio was 73.2%, compared with 76% at the end of 2009.
Loan income was $8.7 billion during the first quarter of 2010, a 2.4% decline from the final quarter of 2009 and a decline from $8.9 billion during the first quarter of 2009.
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