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Volunteer Corporate Credit Union Assets Continue on Upward Swing

September 2, 2003


NASHVILLE, TN – Volunteer Corporate Credit Union (VolCorp) reported assets reached $1.31 billion at the end of August, 2003, a new record asset level for the corporate representing a 43% increase since year end.

VolCorp continues to grow during a time when assets are typically decreasing. An earlier increase in March of this year brought assets to $1.21 billion which signified a 24% increase.

“Our highly competitive investment rates teamed with our members’ confidence in investing with VolCorp has fueled this growth and added to our success,” according to Bruce Fahnestock, President\CEO for Volunteer Corporate.

VolCorp currently serves 258 credit unions with a national field of membership.