Credit unions continued to expand relationships
with firms that provide investment services to members
in 2001 despite a volatile stock market and the strongest
share growth in 15 years. The number of credit unions
that have investment programs for members in place now
stands at 1,167, or 39 more than at year-end 2000.
Large credit unions continue to be the
most active in providing these programs to members,
as 82% of credit unions with assets over $250 million
currently offer investment services while lower asset
ranges show gradually lower levels. Of the 100 largest
credit unions, 91 have investment programs in place,
10 more than at year-end 2000.
Credit Union Investment
Programs by Asset Size