2002
Shares grew at record levels as investors pulled money out of an uncertain stock market with a heightened appreciation for the security offered by NGFCU’s insured savings. Loans and assets grew as borrowers enjoyed the expanded buying power of extremely low interest rates for both consumer and real estate loans. Finally, as Northrop Grumman Corporation expanded its influence into every region of the United States, the Credit Union was busy implementing service solutions to a varied and geographically disbursed membership base. NGFCU finished 2002 with $396 million in assets with a membership base exceeding 55,000.