Hits $1 Billion in Assets
In February 2012, Orange County’s Credit Union hit the $1 billion assets mark and has held it for three consecutive months. As of the end of April, assets total $1.03 billion. Year-to-date asset growth has been $43 million or 4.35 percent, and net capital is a healthy 8.79 percent – well above the 7 percent level considered to be “well capitalized” by the regulators.
Read more about this topic: Orange County's Credit Union