The largest 100 credit unions at year-end had assets of $154 billion
or equal to 30.3% of the $508 billion total credit union assets.
Fifty-six had total assets over the billion-dollar mark. The average
Top 100 credit union's size was $1.5 billion. Their collective strength
is growing and at an accelerating pace. Ten years ago the Top 100
were just over 24% of assets. Last year the faster growth rate of
the Top 100 propelled this share up by 1% to the current 30.3% level.
When the long-term trends of the Top 100 are compared with the
remaining 10,101 credit unions over the past six years, every indication
is that this concentration of assets in the Top 100 will increase.
Larger credit unions have higher average member share and loan balances,
lower expenses and payout a higher percent of their income to members
in dividends. Even though the loan-to-share ratios of the Top 100
are almost identical to the rest of credit unions, the larger group
has a lower charge off rate for problem loans. This is due, in part,
to the higher percentage of real estate loans in their portfolio.