St. Mary’s Bank, the nation’s first credit union, shared 2016 financial results with members at its 108th Annual Shareholder meeting April 26, 2017 at its McGregor Street headquarters in Manchester.
President and CEO Ronald H. Covey, Jr. presented the credit union’s strong performance and growth during 2016, which included:
- $453.4 million in total loan production
- $852 million in total deposits, an increase of 8.61 percent from 2015
- $960 million in assets, up 7.79 percent from 2015