Florida credit unions have a strong first quarter

06/24/2014 2:36 PM

06/24/2014 2:39 PM

The League of Southeastern Credit Unions & Affiliates said Tuesday that Florida’s 158 credit unions added $1.8 billion in assets for a record total of $49 billion in assets at the end of the first quarter.

In Florida, credit unions added $339 million in new loans during the first quarter, with $48 million coming from new small business loans, the organization said.

The Florida credit unions also added 91,000 new members during the three month period, for a record total of 4.8 million members.

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