Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NCUA doc covers 2012 CU trends
ALEXANDRIA, Va. (9/28/12)--Details on credit union membership, assets, net worth, earnings and other industry metrics for the first half of 2012 are summarized in the National Credit Union Adminisration's (NCUA) compilation of credit union financial trends.

The NCUA documents notes that, in the first half of 2012:

  • The number of federally insured credit unions dropped by 133;
  • The number of current credit union members grew by 1,317,199, to total 93.1 million;
  • Credit union assets increased $45.95 billion;
  • Credit union net worth dollars increased by $4.15 billion, to total $102.41 billion; and
  • Shares increased by $41.39 billion, with strong growth in regular shares, share drafts and money market shares.
Click to view larger image Click for larger view
The NCUA credit union trend document reflects data that was reported in the NCUA's second quarter call report document, which was released on Aug. 31. The credit union industry's overall performance grew stronger in almost every category during the second quarter of 2012, as charge-offs, bankruptcy filings and loan loss reserves also declined.

The first-half credit union data is broken down into chart form in this latest NCUA release.

For the full NCUA release, use the resource link.
Other Resources

RSS print
News Now LiveWire
In just over a year, @SaveToWinWA generates more than $1M of savings in 6 #creditunions http://t.co/rszMd0SZVv
11 hours ago
Even the pest guy is a cybersecurity risk: http://t.co/Tqq4qfOgcq
12 hours ago
.@SCTelco_FCU among best places to work in S.C. via @TheCCUL http://t.co/PJnjOArfm8
14 hours ago
#IceBucketChallenge in D.C. today: @HampelBill with help from some @CUNA staff http://t.co/3iOqE2KSjd
14 hours ago
P2P mobile payments draw millennials' interest via @BloombergNews http://t.co/uoO2anjCsV
16 hours ago