This week and last, CreditUnions.com has showcased the credit union leaders in a wide variety performance metrics — nearly 40 in total.
This week, we dive into shares, delivery channels, MBLs, investments, and credit card metrics.
Here are five can't-miss data points for the week:
Strong share growth at U.S. credit unions continued into the second quarter of 2017. Annual growth at mid-year topped 8.1%, 16 basis points higher than the second quarter of 2016.
In "Credit Union Leaders In 5 Shares Metrics," see how U.S. credit union's stack up in total members, 12-month share growth, 5-year share growth, average share balance, share draft penetration, and dividend payout.
Credit unions reported a net increase of 35 branches in the past year and operated 21,012 branches nationwide as of June 30, 2017. The credit union membership base expanded 4.3% year-over-year to 110.6 million. With membership growth outpacing branch growth, credit unions served 204 more members per branch as of mid-year than in 2016. For second quarter 2017, credit unions served an average of 5,265 members per branch.
In "Credit Union Leaders In 3 Delivery Channel Metrics," see how U.S. credit union's stack up in branch and ATM network, members per branch, and online banking penetration.