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Corning Credit Union Announces 2018 Results

Corning Credit Union reported continued growth through the fourth quarter of 2018, with increases in loans, deposits, and net worth.

 

Total loans reached $1.14 billion, representing a 4.9% increase since December 2017.  Total deposits grew by 4.6%, ending the quarter at $1.24 billion.  In addition, the Credit Union added $15.2 million in earnings in 2018, bringing total net worth to $142.8 million.

 

"We are deeply grateful for the trust and support of our members that led to another successful year in 2018," said Gary Grinnell, President and CEO.