Corp. Central Says Loans To CUs Doubled Over Jan. 04

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Corporate Central Credit Union here said it closed January with $460 million in loans to its member credit unions, double the level of lending over the same date one year earlier. Lending is being driven by loan volume at its member CUs, the corporate said, that has "far outstripped" deposit growth in the first month of 2005. The $1.4-billion corporate Central serves 350 CUs.

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