Cautious consumers slow growth in Gwinnett - Atlanta Business Chronicle:

eragywaqer.wordpress.com
Q: How is Gwinnett Federal doingrighty now? A: We’re doing fine. We’r experiencing 15 percent growth in depositss andtotal assets, 5 percentr to 6 percent growth in new accounts, members. That’s net increase, year over year. That is not unlikre prior years. So we’re doing We’d like to loan a little but the consumers are being cautiouse and prudent with their personalk financial decisionsand that’s good for them. But when everybodg decides to save andnot that’s not good for the economy as a It’s the paradox of If everybody saves, nobody is spending. If you don’t have you have economic slowdownsor downturns.
Q: So you have the capabilityt ofloaning more, but consumer demand for loans is down