AzBusiness March/April 2022

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FINANCIAL SERVICES

CREDIT REPORT Here’s why Arizona credit unions are seeing record growth and success By KYLE BACKER

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n Dec. 6, 2021, the National Credit Union Administration (NCUA) reported that federally insured credit unions added 4.9 million members throughout the year, increasing total membership across the country to 128.6 million in the third quarter of 2021. Many individuals and businesses are choosing to bank with a credit union, and that trend is clearly represented in Arizona.

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AB | March - April 2022


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