Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NEW: NCUA Identifies States With Greatest Membership Growth
ALEXANDRIA, Va. (9/5/13, UPDATED 10:25 a.m. ET)--The newest analysis of state-level data for federally insured credit unions was been released this morning by the National Credit Union Administration and among its revelations: Idaho and Virginia were the top states for membership growth in the year ending in the second quarter.
 
Overall, the analysis shows, membership in federally insured credit unions rose 2.2% to 95.2 million. While that pace was slightly slower than the year ending second quarter 2012, membership increased in 41 of the states and territories, with Idaho (8.8%) and Virginia (7.9 %) leading the way with the greatest growth.
 
Membership advance were not universal, however.  The NCUA state-by-state figures show declines in 11 states, the Virgin Islands and Washington, D.C.; the worst membership experience was observed in Nevada with a decline of 4.5%.
 
Read News Now Friday for more on the state-by-state report, such as where the greatest loan growth occurred.


RSS print
News Now LiveWire
.@RepDennyHeck to @NWCUA Amplify conference audience: "More often than not, CUs are part of the solution"
17 hours ago
LA Laker and NBA Legend Earvin "Magic" Johnson was the keynote speaker Tuesday @CCULReach, hosted by the Cal/Nev #CreditUnion Leagues
18 hours ago
.@growfinancial's #salsa sensation spices up seed giveaway #NewsNow http://t.co/rKmWVwwzot
18 hours ago
.@TheNCUA Office of Small CU Initiatives soon--maybe Nov.--will launch website for #CUs 2 research #creditunion vendors or service providers
18 hours ago
.@TheNCUA says late 2Q Call Report filers 2 pay total of $17,111 in penalties.Individual penalty range is $52 to $1,824;median is $256. 2of2
18 hours ago