Credit unions are entering 2012 with momentum in member growth, lending, and earnings.
Total credit union membership in 2011 rose by nearly 1.3 million members. Surely Bank Transfer Day played a role in credit unions' record 4.1% increase in new checking accounts.
In lending, the fourth quarter origination volume of $73.5 billion is the highest fourth quarter on record for the industry.
Pre-assessment earnings of $8.3 billion are the highest on record for credit unions.
Get the full picture of how credit unions performed during the fourth quarter as well as during 2011 in Callahan & Associates' The Quarterly Report: 4Q 2011 and Consolidated Financial Statement.