CUbroadcast Highlights Credit Union Growth By Region

In episode No. 658, Callahan Industry Analyst Liz Furman digs deep into national and regional data and debunks the myth that credit union membership and asset growth is strictly due to mergers.

 
 

Whether by assets, loans, shares, or members, credit unions continue to post tremendous year-over-year growth. And for credit unions with assets between $500 million and $1 billion, this growth is not limited to certain states or specific regions, rather, credit unions across the nation are making gains. In fact, in each of the five regions broken out in further detail below, credit unions have posted double digit loan growth.

Callahan credit union clients between $500 million and $1 billion in assets have higher loan growth, credit card and auto penetration, and average member relationships than non-clients. Learn what Callahan can do for your credit union.

In my conversation with CUbroadcast's Mike Lawson, we discuss these regional trends, as well as debunk the myth that credit union membership and asset growth is strictly the result of mergers.

Enjoy!

12mo_Loan_growth_by_region_(CUs_500m-1B)

 
 

Nov. 4, 2016


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