Credit unions nationwide posted a 42-basis-points annual increase in loan-to-share ratio to reach 67.42% as of June 2013. While both loans and shares increased at credit unions, loan growth outpaced share growth – for the first time in five years – which led to a rise in the industry’s loan-to-share ratio.
Credit unions in Rhode Island held the title for the highest loan-to-share ratio, with its loan-to-share ratio standing at 87.60% as of June 2013, up 2.6 percentage points from a year prior. Virginia came in second with 86.64% loan-to-share ratio, also up 1.9 percentage points from the previous June. 31 states saw an annual increase in loan-to-share ratio with Oklahoma credit unions leading the charge. Oklahoma credit unions saw the biggest jump in loan-to-share ratio over the past year, with its ratio increasing by 2.9 percentage points to 62.47% as of June 2013.
LEADERS IN LOAN-TO-SHARE RATIO
Data As of June 30, 2013 For All Credit Unions in the U.S.
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Source: Callahan & Associates’ Peer-to-Peer Analytics
Callahan & Associates’ 2014 Directory