How has the total amount of shares outstanding and annual share growth changed over time?

 
 

Credit unions nationwide had a total of $921.5 billion shares outstanding as of June 2013, an annual increase of 4.7% - or $41.1 billion – from the amount reported in the previous June. The growth in total shares at credit unions is largely attributed to growth in core deposits – regular shares, share drafts, and money market shares. Since June 2009, the total share balances have consistently increased at least by 4% annually. The highest 12-month share growth over the 5-year span was reported in June 2009 with 8.4% annual growth. In general, share growth has slowed down from the levels seen during the recession due to higher consumer confidence that has led to more members demanding for loans. For the first time in five years, loan growth outpaced share growth at credit unions, which resulted in an increase in the loan-to-share ratio. The industry reported 67.4% in loan-to-share-ratio as of June 2013, up from 66.9% a year ago.  

TOTAL SHARES OUTSTANDING & 12-MONTH SHARE GROWTH OVER TIME
 Data as of June 30, 2013 for All Credit Unions in the U.S. 
© Callahan & Associates | www.creditunions.com

10-30-13-1


10-30-13-2

Source: Callahan & Associates’ Peer-to-Peer Analytics
 Callahan & Associates’ 2014 Directory

 
 

Oct. 30, 2013


Comments

 
 
 

No comments have been posted yet. Be the first one.