In a nation of larger-than-life for-profit financial institutions, and even a few behemoth cooperative ones, midsize credit unions are holding their own in the heartland. Here are 10 Kansas credit unions ($10-50 million in assets) leading the charge in member, share and loan growth, respectively, as of June 2010.
Note: For growth tables, credit unions that have had a substantial merger in the previous 12 months are excluded. A substantial merger is a merger where the assets of the acquired credit union are more than 5% of the assets of the acquiring credit union.
12-Month Member Growth |
1 |
Ark Valley |
12.51% |
7,122 |
2 |
Campus |
7.58% |
4,952 |
3 |
Emporia State |
7.14% |
4,442 |
4 |
Salina Interparochial |
3.74% |
1692 |
5 |
Kansas State University |
3.33% |
8,353 |
Source: Callahan & Associates' Peer-to-Peer Software |
12-Month Share Growth |
1 |
Ark Valley |
36.91% |
$23,914,478 |
2 |
Credit Union of Emporia |
13.42% |
$12,605,886 |
3 |
Emporia State |
12.86% |
$40,458,938 |
4 |
Mid-Kansas |
12.00% |
$39,736,091 |
5 |
K.U.M.C. |
10.68% |
$20,245,636 |
Source: Callahan & Associates' Peer-to-Peer Software |
12-Month Loan Growth |
1 |
Campus |
17.10% |
$18,608,344 |
2 |
Ark Valley |
13.51% |
$16,523,928 |
3 |
USPLK Employees |
12.97% |
$12,887,046 |
4 |
Kansas Blue Cross Blue Shield |
9.01% |
$17,075,626 |
5 |
Kansas State University |
8.65% |
$29,032,329 |
Source: Callahan & Associates' Peer-to-Peer Software |