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CU System
Poll Many Maryland and D.C. voters are CU members
COLUMBIA, Md. (7/17/08)--With the presidential election time just around the corner, a recent poll reveals that large proportions of Maryland and Washington, D.C. voters are credit union members. Of all Maryland voters, 48% are credit union members. Of all D.C. voters, 39% are members of credit unions, according to the Maryland and District of Columbia Credit Union Association. “This data demonstrates the popularity of credit unions as the preferred alternative to for-profit financial institutions,” said Mike Beall, association president. “Voters have realized that they save money by using credit unions, which are locally owned, for their financial services needs.” The poll, conducted by Garin Hart Yang for the association, was done by a telephone survey of 501 voters in Maryland and 254 voters in DC June 2-5. The poll further provides demographics of credit union membership in both Maryland and D.C. Among Maryland voters, 46% of men and 49% of women are credit union members. In terms of race, 45% of whites and 54% of African-Americans belong to credit unions. And those in the middle age categories are more likely to be credit union members--ages 18 to 34 (33% are credit union members); 35 to 49 (59%); 50 to 64 (52%); and 65 and over (39%). Among voters in D.C., 41% of men and 38% of women are credit union members. Among white voters, 32% are credit union members, while among African Americans, the proportion increases to 45%. D.C. voters ages 40 to 59 (46%) are more likely than their younger and older counterparts to be credit union members (35% of 18 to 39 year olds, and 34% of those 60 and over are credit union members.)
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