State credit unions sound, DFI says

June 8, 2024

According to new data from the Wisconsin Department of Financial Institutions (DFI), Wisconsin’s state-chartered credit unions continue to exhibit sound financial performance as of March 31.

At the end of the first quarter, total assets for Wisconsin’s state-chartered credit unions rose to $65.5 billion — an increase of $1.5 billion since year-end 2023.

Over the same period, loans outstanding grew by $202.4 million, and shares and deposits rose by $1.1 billion. This resulted in a slight decrease in the loan-to-share ratio from 92.4% at year-end 2023 to 90.9%. Read more.

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