ALBANY, N.Y. (3/26/15)--New York credit unions ended 2014 with significant increases in memberships, which now top 5.1 million, and loan volume that outpaced the prior year.
"2014 was an encouraging year for the New York credit union movement, and we are continuing to build on that momentum this year," said William J. Mellin, New York Credit Union Association president/CEO.
"Last year, the state's credit unions continued to provide important products, services and loans that directly benefit their members and their communities. As a result, there are now more credit union members than ever in New York, because credit unions put New Yorkers first."
The year-end credit union profile, developed in partnership with CUNA, also reported: