Which credit union is tops in getting credit cards into members’ wallets?

 
 

With 65.4% of their members holding a credit union credit card, Taupa Lithuanian Federal Credit Union ($21M, South Boston, MA) leads the industry. In the 32ndyear of their existence, this little-credit-union-that-could put 900 cards in the hands of its 1,146 members. Total balances are almost $800,000 with an average balance of $1,059.

The next seven credit unions on the Top 10 list below are regulars on this leader table, according to Callahan's Credit Union Directory. New this year are KUE ($37M, KY), which moved up three spots to make the Top 10, and NWS ($24M, VA), which jumped from 29thin the 2012 Directory to 10th at September this year. PenFed, #5 on the list, has more credit cards outstanding than the other top 50 credit unions on this list combined. To see the full Top 50, get Callahan's Credit Union Directory.

TOP 10 CREDIT UNIONS IN CREDIT CARD ADOPTION | DATA AS OF SEPTEMBER 30, 2012
© Callahan & Associates | www.creditunions.com

Rank Stage Name % of Members with a CC Total # of Credit Cards Total $ CC Balances Average $ CC Balance Total Assets
1 MA Taupa Lithuanian 65.36% 749 $792,919 $1,059 $21,184,844
2 MI Saginaw Medical 60.33% 7,149 $7,565,491 $1,058 $114,323,515
3 DC O.A.S. Staff 57.79% 2,971 $3,999,336 $1,346 $154,083,940
4 VA Napus 53.87% 14,220 $37,758,118 $2,655 $276,105,850
5 VA Pentagon 51.37% 587,275 $1,469,885,180 $2,503 $15,188,321,527
6 VA Entrust 51.28% 5,029 $9,806,082 $1,950 $70,002,067
7 CA San Diego Firefighters 51.02% 1,829 $2,912,913 $1,593 $83,300,594
8 OH School Employees Lorain County 50.42% 5,946 $10,564,316 $1,777 $138,385,743
9 KY KUE 49.48% 1,760 $2,287,496 $1,300 $37,236,682
10 VA NWS 48.55% 1,790 $751,622 $420 $24,462,119


Generated by Callahan & Associates' Peer-to-Peer Software.

 
 

Dec. 20, 2012


Comments

 
 
 
  • Great information! Thanks!
    Anonymous