Great Meadow in 2Q 2016 had the eighth-highest rate of member growth among the 1,121 credit unions of its size in the country.
Great Meadow ranked in the top 10% in share growth nationally among all 5,976 credit unions in the Callahan database, regardless of size, in the second quarter.
Great Meadow’s year-over-year loan growth in the second quarter of 2016 placed it in the top 10% in its peer group.
Auto Loan Growth
Great Meadow posted 25.17% year-over-year growth in auto loans — all direct lending — in the first three months of 2016.
Decentralized relationship lending across the credit score spectrum has helped Great Meadow consistently deliver delinquency ratios among the lowest in the industry, including just 0.09% in the second quarter.
Loan to Share
Despite high share growth, Great Meadow’s loan-to-share ratio is higher than the national average and sharply higher than that of the $20 million to $50 million asset group.