The 12-month growth in average member relationship at credit unions nationwide averaged at 2.4% as of June. The industry’s average member relationship stood at $15,599 in the same quarter 2013, marking the highest year of average member relationship on record for the industry. Every asset-based peer group saw an increase in average member relationship as the growth in loans and shares outpaced the membership growth over the past year.
Among all asset-based peer groups, credit unions between $20 million and $50millin in assets saw the highest annual growth in average member relationship. Over the past year, these credit unions posted a 3.11% increase in average member relationship to reach $10,164. Credit unions between $10 million and $20 million came in second with 3.02% growth in average member relationship to stand at $8,394 as of June 2013. Credit unions over $1 billion in assets reported the highest average member relationship at $18,774 as of second quarter, followed by the next largest peer group’s $15,951.
LEADER IN AVERAGE MEMBER RELATIONSHIP GROWTH
Data as of June 30, 2013 All Credit Unions in the U.S.
Callahan & Associates | www.creditunions.com
| Peer Group | Average Member Relationship | |
|---|---|---|
| 1 | Over $1B | $18,774 |
| 2 | $500M-$1B | $15,951 |
| 3 | $250M-$500M | $14,434 |
| 4 | $100M-$250M | $13,069 |
| 5 | $50M-$100M | $11,657 |
| 6 | $20M-$50M | $10,164 |
| 7 | $10M-$20M | $8,394 |
| 8 | $5M-$10M | $6,981 |
| 9 | $2M-$5M | $5,676 |
| 10 | Under $2M | $3,320 |
Source: Callahan & AssociatesPeer-to-Peer Analytics
Callahan & Associates 2014 Directory
