Assets increased by almost 3 percent in 2016 at Leominster Credit Union, which is currently ranked as the 13th largest nonprofit financial institution in Massachusetts.
Assets grew from $627 million in 2015 to $643 million last year, the credit union announced Thursday. Loans increased from $419 million to $440 million and deposits grew from $436 million to $454 million.
he company announced Michael J. Sauvageau was re-elected as its board chair. Sauvageau is a Leominster resident who has been on the board since 2007.
