Nationally, credit unions spent $442 to attract each new member in the year ending September 30. Credit unions in North Carolina, however, spent just $142 to attract each new member. The 91 credit unions in the Tar Heel State grew members 3.19% to a total of slightly more than 3.4 million members at September 30, 2012.
But it's the credit unions in the The Last Frontier State that might be the real story of a diamond in the rough. Alaska credit unions posted the second-lowest spend, $174 per net new member, yet achieved the fastest annual membership growth, 6.26%.
10 CREDIT UNIONS WITH LOWEST SPEND PER NET NEW MEMBER | DATA AS OF SEPTEMBER 30, 2012
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