96-CU-06 / September 1996
Credit union financial trends during the first half of 1996 LETTER NO 96-CU-6
Board of Directors
State of the Industry
Enclosed is a report highlighting credit union financial trends during the first half of 1996. The analysis is based on data compiled from the midyear 1996 call reports submitted by all federally insured credit unions. We are providing this information to keep you informed of current conditions and trends in the credit union industry.
For the National Credit Union Administration Board,
NORMAN E. D'AMOURS