Which credit union has the largest loan balance per branch?

 
Mark Reed

 

There was an average of $29.6 million loans per branch for the credit union industry as of March 2013, up 7.9% from a year prior. The growth in loans to branch ratio was attributed to a 5.4% increase in the amount of loans outstanding and a 2.4% decrease in the number of branches nationwide over the same period. Many credit unions have accelerated their lending activities as the economy has begun to recover, leading to an increase in loans outstanding. Meanwhile, the increase in credit union mergers and closings and the expansion of online delivery channels have reduced the number of brick-and-mortal branches.

Melrose ($1.9B, Briarwood, NY) posted the largest loan balance per branch with $1.7 billion loans to branch ratio as of March 2013. United Nations ($3.8M, Long Island City, NY) reported $1.5 billion loans spread out over its 2 branches, for an average of $739.9 million loans per branch.

LEADERS IN LOANS TO BRANCH
Data as of March 30, 2013
© Callahan & Associates | www.creditunions.com

  Credit Union State Loans to Branch Total Loans Branches Total Assets
1 Melrose NY $1,712,454,596 $1,712,454,596 1 $1,876,852,540
2 United Nations NY $739,928,849 $1,479,857,698 2 $3,836,089,132
3 Star One CA $560,037,836 $2,800,189,180 5 $6,431,210,907
4 Progressive NY $517,729,528 $517,729,528 1 $595,008,547
5 Bank-Fund Staff DC $516,488,403 $2,065,953,612 4 $3,678,268,210
6 Pentagon VA $516,226,890 $13,938,126,037 27 $15,944,088,689
7 Evangelical Christian CA $414,430,859 $828,861,718 2 $1,102,358,522
8 Direct MA $377,479,490 $377,479,490 1 $441,488,155
9 Los Angeles Fireman’s CA $308,589,201 $617,178,402 2 $854,820,790
10 IDB-IIC DC $280,473,795 $280,473,795 1 $454,946,286


Generated by Callahan & Associates' Peer-to-Peer Analytics

 
 

Aug. 6, 2013


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