November 2002 corporate data continues to indicate
that liquidity in credit unions is leading to growth in corporate
credit unions. Corporate assets excluding U.S. Central reached $72.3
billion in November, an increase of $2.6 billion over October, and
total investments rose to $68.9 billion, an increase of $5.8 billion.
Over the past 12 months corporate credit unions' investment composition
has shown a slight shift from daily shares in U.S. Central to privately
issued mortgage issues, which have increased from 5.5% to 8.3% since