For the year ending September, 30, 2012, Alaska's 6.26% member growth ranks first in the Union. Alaska added 40,025 new members in the past year. This averages to 3,335 new members per institution (there are only 12 credit unions in Alaska). This is significantly higher than the next state, Virginia, which is dominated by power-house Navy FCU, skewing many growth ratios. Washington, New Hampshire, North Carolina round out the Top 5 states by average new members per credit union.
TOP 10 STATES IN 12-MONTH MEMBER GROWTH | DATA AS OF SEPTEMBER 30, 2012
© Callahan & Associates | www.creditunions.com
|
State |
# CU's |
Members 3Q12 |
Members 3Q11 |
Percent Change |
Absolute Change |
Average per CU |
1 |
AK |
12 |
679,508 |
639,483 |
6.26% |
40,025 |
3,335 |
2 |
VA |
178 |
7,637,300 |
7,203,518 |
6.02% |
433,782 |
2,437 |
3 |
ID |
52 |
586,226 |
553,656 |
5.88% |
32,570 |
626 |
4 |
WA |
109 |
2,946,629 |
2,797,296 |
5.34% |
149,333 |
1,370 |
5 |
NH |
21 |
517,426 |
492,604 |
5.04% |
24,822 |
1,182 |
6 |
OK |
71 |
1,101,582 |
1,053,276 |
4.59% |
48,306 |
680 |
7 |
UT |
82 |
1,798,906 |
1,798,906 |
4.40% |
75,882 |
925 |
8 |
TN |
171 |
1,887,223 |
1,887,223 |
4.19% |
75,868 |
444 |
9 |
NM |
50 |
711,407 |
683,566 |
4.07% |
27,841 |
557 |
10 |
OR |
73 |
1,418,446 |
1,364,442 |
3.96% |
54,004 |
740 |
Generated by Callahan & Associates' Peer-to-Peer Software.