Business

September 21, 2012

Report: Kansas credit unions’ assets, loans show gains

Kansas’ credit union industry continues to get bigger, according to the latest data from state regulators.

Kansas’ credit union industry continues to get bigger, according to the latest data from state regulators.

The Kansas Department of Credit Unions’ Second Quarter 2012 Call Report Statistics, released this week, shows significant gains in loans and assets from a year ago.

Total assets for Kansas’ 79 state-chartered credit unions was $4.62 billion as of June 30. That compares to $4.19 billion in the second quarter of 2011.

Total loans increased 7.6 percent in the second quarter of 2012 to $2.98 billion. In the year-ago quarter, total loans were $2.77 billion.

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