According to Callahan & Associates’ upcoming 2014 Directory, credit unions nationwide posted 2.70% growth in average member relationship over the past year, up 9 basis points from the previous June. Average member relationship for the industry stood at $15,611 as of June 2013, up from $15,201 reported a year ago.
WLCA ($26.9M, Olympia, WA) saw the highest annual growth in average member relationship among credit unions over $20 million in assets whose member growth was greater than or equal to zero. Its average member relationship jumped nearly 20% over the past year to reach $25,502 as of second quarter 2013. Self-Help ($579.7M, Durham, NC) and County & Municipal Employees ($45.4M, Edinburg, TX) posted 18.2% and 17.8% annual growth in average member relationship, respectively.
LEADERS IN AVERAGE MEMBER RELATIONSHIP GROWTH
Data as of June 30, 2013
For Credit Unions Over $20M in Assets ¦ Member Growth Greater Than Or Equal To Zero
© Callahan & Associates | www.creditunions.com
|
|
Credit Union |
State |
Growth in
Avg. Member Rel. |
Avg. Member
Relationship |
Total Assets |
|
1 |
WCLA |
WA |
19.81% |
$25,502 |
$26,901,523 |
|
2 |
SELF-HELP |
NC |
18.15% |
$15,249 |
$579,747,918 |
|
3 |
COUNTY & MUNICIPAL EMPLOYEES |
TX |
17.84% |
$10,594 |
$45,355,166 |
|
4 |
VUE COMMUNITY |
ND |
17.34% |
$15,450 |
$44,371,365 |
|
5 |
NORTHEAST COMMUNITY |
TN |
17.11% |
$16,936 |
$95,892,286 |
|
6 |
TEXAS TECH |
TX |
16.20% |
$15,657 |
$106,612,052 |
|
7 |
US EMPLOYEES OC |
OK |
15.96% |
$14,562 |
$141,716,775 |
|
8 |
TEXELL |
TX |
15.20% |
$12,096 |
$227,403,139 |
|
9 |
DAKOTA WEST |
ND |
14.16% |
$23,204 |
$203,092,743 |
|
10 |
DAKOTA WEST |
MO |
14.15% |
$11,615 |
$33,679,873 |
Source: Callahan & Associates’ Peer-to-Peer Analytics
Callahan & Associates’ 2014 Directory