Maine credit unions grew in both membership and loan amounts in 2015.

At the end of the year, membership in the state’s 60 credit unions increased to a record 667,427, reflecting an almost 2 percent gain over the previous year. Loan amounts also increased $351 million, helping push combined assets to $6.84 billion, according to a release from the Maine Credit Union League.

Loan growth grew 7.9 percent in 2015 with outstanding loans rising to $4.77 billion, while savings grew by nearly $380 million, an increase of 6.9 percent. Collectively, Maine credit unions reported $5.8 billion in savings deposits.

The16,000 member increase in 2015 tied with Idaho for the second-highest median membership growth nationwide.


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