Ohio’s credit unions continue to see steady growth amid regulatory debate


Ohio's credit unions are growing steadily and outpacing their bank peers as debate about regulatory scrutiny continues.

Data from the Ohio Credit Union League shows loan growth among the state's 274 credit unions was 7.1 percent compared to 2.1 percent for the 200 Ohio-based banks – the seventh straight year credit union portfolios have seen a faster annual growth rate than banks.

The numbers don't include J.P. Morgan, whose global headquarters is in New York.

Ohio-based credit unions have grown…

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