Loans made by credit unions reached a total of $5.6 billion in 2021, their highest point since 2010. When compared to 2020 loans increased by $419.7 million or 8%. When compared to 2019 loans increased by $427.9 million or 8.2%. This is a significant contrast to the decline seen in loans and leases made by...Read More
Median household income in Puerto Rico reached $21,058 in 2020, according to the latest 5-year estimates released by the U.S. Census Bureau. This means that in 2020, half of Puerto Rican households earned more than $21,058 a year while the other half earned less than that. When compared to 2015 median household income increased by...Read More
Loans and leases for commercial domestic banks reached $32,637.5 million in 2021, their lowest point in the last decade. Loans and leases for commercial domestic banks have been declining on a yearly basis for most of the past decade, this pattern continued during 2021. Loans and leases decreased by $1,827.4 million or 5.3% in 2021...Read More
Loans and leases for commercial domestic banks reached $32,637.5 million in 2021, their lowest point in the last decade. Loans and leases for commercial domestic banks have been declining on a yearly basis for most of the past decade, this pattern continued during 2021. Loans and leases decreased by $1,827.4 million or 5.3% in 2021...Read More