ALBANY, N.Y. (4/6/16)--New York credit unions recorded overall positive growth in 2015 with particularly impressive gains in membership.
The 2.3% increase in New York credit union memberships over 12 months significantly outpaced the state’s 0.2% population growth, according to numbers from the New York Credit Union Association (NYCUA) and the Credit Union National Association. Statewide, memberships now stand at more than 5.2 million.
“The credit union movement is growing and thriving, and nowhere is that more apparent than here in New York,” said NYCUA President/CEO William J. Mellin. “New York credit union memberships are on the rise, and for good reason: These not-for-profit financial cooperatives have a unique mission to serve their members and their communities. Each day, more consumers are discovering the credit union difference.”
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