That's the total number of credit union mergers in 2017. Learn more about the total assets merged and the regions with the most merger activity.
Read: "Credit Union Mergers In 2017."
As of year-end, 3,477 credit unions in the United States, representing 61.1% of the industry, had active credit card portfolios. That’s a notable increase over year-end 2013, when 56.3% of credit unions offered credit cards.
Read: "Credit Cards By The Numbers."
Credit unions in the NCUA New England Region — New York, Vermont, Michigan, Maine, Massachusetts, Wisconsin, New Hampshire, Connecticut, and Rhode Island — surpassed industry averages in a number of metrics at the close of 2017. The average member relationship reached $18,534 for credit unions in the New England states. By comparison, the industry average for all U.S. credit unions was $18,309.
Read: "Regional Performance Report: New England."
Want more credit union strategies? Sign up for the CreditUnions.com free newsletter.