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DE COOPÉRATIVES ET MUTUELLES CANADA

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FROM CO-OPERATIVES AND MUTUALS CANADA

Money News – Canadian Credit Union System Year-End Results Show Increase in Assets, Deposits and Loans

20 Mar 2015 | Archives

Credit Union Central of Canada (CUCC) today released the fourth quarter 2014 results for the Canadian credit union system. The results show that credit unions ended 2014 financially strong and Canadian credit unions are continuing to grow. 

Reported assets are $170.96 billion, a 6.3 per cent increase from the same period last year. Deposits have increased by 5.7 per cent to $150.3 billion, and loans have increased to $145.7 billion, from 6.6 per cent reported a year ago.

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