Corning Credit Union Reports Strong First Quarter Results
May 03, 2017
Corning Credit Union experienced strong results in the first quarter of 2017 with positive loan, deposit, and earnings growth.
At the end of March, total loans stood at $964 million, a 14.2% increase year over year. Total deposits stood at $1.21 billion, representing an 11.1% growth compared with deposits held at this time last year. The Credit Union's earnings as of the end of the first quarter are $2.3 million for the year.