Heart of the Heartland

These mid-sized Kansas credit unions are giving for-profit competitors a run for their money.

 
 

In a nation of larger-than-life for-profit financial institutions, and even a few behemoth cooperative ones, midsize credit unions are holding their own in the heartland. Here are  10 Kansas credit unions ($10-50 million in assets) leading the charge in member, share and loan growth, respectively, as of June 2010.

Note: For growth tables, credit unions that have had a substantial merger in the previous 12 months are excluded. A substantial merger is a merger where the assets of the acquired credit union are more than 5% of the assets of the acquiring credit union.

12-Month Member Growth
  Credit Union Member Growth* Members
1 Ark Valley 12.51% 7,122
2 Campus 7.58% 4,952
3 Emporia State 7.14% 4,442
4 Salina Interparochial 3.74% 1692
5 Kansas State University 3.33% 8,353
Source: Callahan & Associates' Peer-to-Peer Software
12-Month Share Growth
  Credit Union Share Growth* Shares ($)
1 Ark Valley 36.91% $23,914,478
2 Credit Union of Emporia 13.42% $12,605,886
3 Emporia State 12.86% $40,458,938
4 Mid-Kansas 12.00% $39,736,091
5 K.U.M.C. 10.68% $20,245,636
Source: Callahan & Associates' Peer-to-Peer Software
12-Month Loan Growth
  Credit  Union Loan Growth* Loans ($)
1 Campus 17.10% $18,608,344
2 Ark Valley 13.51% $16,523,928
3 USPLK Employees 12.97% $12,887,046
4 Kansas Blue Cross Blue Shield 9.01% $17,075,626
5 Kansas State University 8.65% $29,032,329
Source: Callahan & Associates' Peer-to-Peer Software
 

 

 

Jan. 6, 2011


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