The 12-months ending June 2002 brought members’ saving back
into the credit union system at a rate not seen since the initial
period of deregulation in the mid-1980s. This return of savings
occurred as the stock market’s major indices fell for the
third year in a row.
Certain states performed better than others in total asset growth
with twenty states growing faster than the entire US asset growth
rate of 12.95%. The 31 states (including the District of Columbia)
that fell below the average growth rate ranged down to 6.96%.