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Union appeared to be well managed and continuing to maintain its financial stability. During the twelve months ended December 31, 2009, the Credit Union experienced modest growth, with total assets increasing approximately $756,000 (2.9%), investments increasing approximately $2,017,000 (22.1%), and shares and equivalents increasing approximately $630,000 (2.8%). However, during the same period, loans decreased approximately $1,202,000 (8.3%). NET WORTH Net income of approximately $124,000 gene.
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