news.cuna.org/articles/110370-inside-washington-cu-loans-hit-7995b-in-1q

Inside Washington: CU loans hit $799.5B in 1Q

June 3, 2016

Credit union loans outstanding increased by 10.7% in the year ending in the first quarter of 2016, the NCUA reported Friday. The NCUA released quarterly data showing that total loans at federally insured credit unions reached $799.5 billion at the end of the first quarter. According to the NCUA, the new figures are based on call report data for the quarter ending March 31…

The Consumer Financial Protection Bureau’s Consumer Advisory Council will conduct a meeting June 9 in Little Rock, Ark. The meeting, scheduled for 11 a.m. to 5:30 p.m. (ET), will feature a discussion on an auto lending education initiative, trends and themes and payday lending. Several credit unions are represented on the board, and it is chaired by Bill Bynum, CEO of Hope FCU, Jackson, Miss., a CUNA member…