3 Points About Branch And Deposit Market Share

Credit unions across the United States are capturing market and expanding branch networks.
Andrew Bolton

5 States With The Largest Annual Change In Branches
Data as of June 30, 2014
Callahan & Associates | www.creditunions.com

These states lead the nation in the number of credit union branches opened in the past 12 months.

gow-map-10-13-2014

Source: NCUA

Credit Unions With The Largest Annual Change In Branches
Data as of June 30, 2014
Callahan & Associates | www.creditunions.com

The credit union with the second largest change in branches, Self-Help, nearly doubled its branch footprint over the past 12 months.

Name Headquarters Annual Change In Branches Branches June 2014 Branches June 2013 Total Assets
Navy VA 18 247 229 $60,494,082,714
Self-Help NC 9 19 10 $672,640,357
TDECU TX 9 39 30 $2,283,327,1718
Visions NY 9 39 30 $3,308,685,215
Dupaco Community IA 6 18 12 $1,238,204,306
Goldenwest UT 6 26 20 $1,036,997,269
Randolph-Brooks TX 6 48 42 $5,993,295,632
Summit WI 6 30 24 $2,049,853,057
America First UT 5 107 102 $6,251,767,365
CitizensFirst WI 5 11 6 $581,594,528
iQ WA 5 20 15 $532,666,0278
Lake Michigan MI 5 38 33 $3,349,304,454
State Employees NC 5 254 249 $28,645,354,689
Co-op Services MI 4 12 8 $512,518,654
Firstmark TX 4 16 12 $856,680,571
Members 1st PA 4 52 48 $2,685,023,142
River Valley OH 4 8 4 $313,068,824
Scient CT 4 8 4 $227,359,238
Wasatch Peaks UT 4 10 6 $262,515,329

Source: Callahan & Associates

10 States With The Largest Change In Deposit Market Share
Data as of June 30, 2014
Callahan & Associates | www.creditunions.com

New Hampshire and Rhode Island lead the industry in capturing a greater portion of local deposits.

State CU Market Share 14 CU Market Share 13 Growth in Market Share Credit Union Deposits* (000s) All Other Deposits (000s)
New Hampshire 18.2% 16.3% 11.5% $6,414 $28,898
Rhode Island 13.9% 12.7% 9.6% $4,363 $27,068
District Of Columbia 26.4% 24.5% 7.9% $14,846 $41,313
North Carolina 10.6% 9.8% 7.9% $40,156 $339,873
Virginia 13.0% 12.1% 7.8% $35,879 $239,965
Mississippi 9.5% 9.0% 6.0% $5,028 $47,900
Idaho 21.9% 20.8% 5.1% $5,748 $20,551
Vermont 20.3% 19.6% 3.7% $3,001 $11,777
Kentucky 9.5% 9.2% 3.2% $7,493 $71,297
Maryland 14.1% 13.7% 3.0% $20,245 $123,618

Source: Callahan & Associates
*Credit unions deposits are averaged evenly among each branch location

October 13, 2014

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