About Half of CUs Report Declining Year-over-Year Membership "Credit News 24" - Credit Union Performance,Credit Union Statistics, Credit News 24, we has prepared this article well for you to read and retrieve information in it. Okay, happy reading.

Half of CUs Report Declining Year-over-Year Membership "Credit News 24"

The National Credit Union Administration reported that 50.3 percent of federally insured credit unions had fewer members at the end of the second quarter of 2018 than a year earlier.

At the median, the membership growth rate was negative one-tenth of a percent.

In 23 states, more than half of the credit unions had fewer members than a year ago. Excluding the territories of Guam and Virgin Islands, Pennsylvania had the lowest median year-over-year membership growth rate of minus 1.4 percent.

About 75 percent of credit unions with declining membership had assets of less than $50 million.

Read the press release.

Read the NCUA Quarterly Map Review.
Title : Half of CUs Report Declining Year-over-Year Membership "Credit News 24"
link : Half of CUs Report Declining Year-over-Year Membership "Credit News 24"