Bethpage Federal Credit Union said an increase in home equity and commercial real estate loans helped push its net income up 53 percent to $61 million at the end of 2016.

The Bethpage-based credit union added that its fourth-quarter net income jumped 46 percent to $17.2 million.

Bethpage funded $3 billion in loans in 2016, a 12 percent year-over-year increase. The credit union had $643 million in home equity loans in 2016.

“We’re on Long Island, and people own their homes,” said Brian Clarke, chief financial officer at Bethpage. “So we made a conscious effort” to build the home equity business. “It’s a service our members need,” he said.

Commercial real estate loans rose 31 percent to $419 million in 2016.

Auto loans jumped 54 percent to $207 million.

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Deposits at Bethpage grew 9 percent to $6 billion.

Bethpage, which is the largest credit union on Long Island in terms of assets and members, said it closed 2016 with $6.9 billion in assets and 303,851 members.