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CREDIT UNIONS GREW IN '92

May 5, 1993



WAKEFIELD, MASS.

* The credit union industry had steady asset growth and improved profitability in 1992, according to analysis conducted by Veribanc Inc.

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Using the National Credit Union Administration's data, Veribanc reported that the number of credit unions with significant financial difficulties fell to less than 3 percent of the industry by Dec. 31.