06/06/2024 11:14 am
ALEXANDRIA, Va.– Total assets in federally insured credit unions rose by $96 billion (4.4%), over the year ending in the first quarter of 2024 to $2.31 trillion, total loans outstanding increased $71 billion (4.6%) to $1.60 trillion, and insured shares and deposits rose $40 billion (2.3%) to $1.77 trillion, from one year earlier, but the real number getting attention is the delinquency rate, which jumped 25 basis points compared with the first quarter of 2023.