5 Things To Know About Deposit Trends

Growth in core deposits underscores members' trust in credit unions.
Janet Lee

Annual Share Growth By Type
For all U.S. credit unions | Data as of March 31, 2014
Callahan & Associates | www.creditunions.com

Core deposits are the cornerstone for the growth in the share portfolio. At 7.6%, regular shares posted the largest year-over-year increase of any item in the portfolio. Longer-term savings options like the share certificate are a relatively unpopular choice for members hesitant to lock up funds during a low interest rate environment.

Source: Callahan & Associates Peer-to-Peer Analytics

Share Growth And Loan Growth
For all U.S. credit unions
Callahan & Associates | www.creditunions.com

share-loan-growth

Accelerating loan growth is widening the spread between loan growth and share growth.

Source: Callahan & Associates Peer-to-Peer Analytics

Number Of Checking Accounts
For all U.S. credit unions | Data as of March 31, 2014
Callahan & Associates | www.creditunions.com

Source: Callahan & Associates Peer-to-Peer Analytics

Average Share Balance
For all U.S. credit unions | Data as of March 31, 2014
Callahan & Associates | www.creditunions.com

avg-share-balance

The average share balance has increased 20% over the past five years, reaching $9,717 as of March 2014.

Source: Callahan & Associates Peer-to-Peer Analytics

Share Draft Penetration
For all U.S. credit unions | Data as of March 31, 2014
Callahan & Associates | www.creditunions.com

The percent of members holding a credit union checking account has increased seven percentage points over the past five years, topping 53.0% as of March 2014.

Source: Callahan & Associates Peer-to-Peer Analytics

August 11, 2014

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