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Credit unions at-a-glance
• Bankrate.com
- Credit union membership totals 72.6 million.
- Total assets in credit unions are $354 billion.
- Credit union savings stand at $311 billion
in savings.
- Credit union loans outstanding total $228
billion.
- There are 11,783 credit unions -- 7,065 are
federal and 4,718 are state credit unions.
- Credit unions hold 8.2 percent of consumer
savings and account for 23.2 percent of auto loans and 11.8 percent
of consumer installment credit.
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Since the mid-'80s, the number
of credit unions has fallen by 33 percent, but their membership
has risen by 38 percent, and their shares and deposits have
risen more than 135 percent. The proportion of small credit
unions has declined while the proportion of large credit unions
has risen.
Source: 1998 Thomson Credit Union Directory
-- Posted: Aug.14, 1998
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