At Sept. 30, 2012, 1,197 credit unions offered a credit builder program. NCUA defines a credit builder program as one "specifically designed to assist borrowers with no credit history or past credit history problems build their credit."
The nearly 1,200 institutions represent 17% of all credit unions as of Sept. 30, 2012. Both the number and percent of total credit unions offering credit building assistance has steadily increased since credit unions started reporting it in 2009.
Delaware has the highest concentration — 38.5% — of credit unions offering a program while Texas has the largest number — 105 out of 526.
CREDIT UNIONS OFFERING CREDIT BUILDER PRODUCTS | DATA AS OF SEPTEMBER 30, 2012
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