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March 23, 2010
Annual Members Meeting - Elkhart, IN
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Growth Statistics - Indiana Credit Unions


Shared Branch
IN CUs in Shared Branching
(55)
IN CUs Not in Shared Branching (161)

Locations
Assets
Members
Assets
Members
June-06
119
$8,928,613,303
1,163,095
$6,399,327,013 1,051,870
June-05
88
$8,557,532,276
1,139,565
$6,287,437,924
1,064,034
June-04
63
$8,029,052,910
1,106,807
$6,118,028,709
1,059,563
June-02
24
$6,914,642,728
1,065,885
$5,432,159,937
1,036,974
June-00
12
$5,684,696,627
1,034,751
$4,564,867,278
1,012,781
   
   
1 Yr Avg Growth
2 Yr Avg Growth
4 Yr Avg Growth
6 Yr Avg Growth
4.3% 2.1% 1.8% -1.1%
5.6%
2.5%
2.3%
-0.4%
7.3%
2.3%
4.5%
0.4%
9.5%
2.1%
6.7%
0.6%
           
           
Credit unions in shared branching have consistently grown more in both members and assets! In the last 12 months credit unions not involved in shared branching lost membership while shared branching credit unions grew both in membership and twice as much in assets (4.3% to 1.8%). This growth disparity is expected to increase as the number of shared branch locations continues to increase.
           
Merger Statistics - Indiana Credit Unions
           
13 Indiana credit Unions merged during the past 12 months. None were involved in shared branching.
           
Total Merged CUs
CUs - In SB
CUs - No SB
 
Mergers 7/05-6/06
13
0
13
 
Mergers 6/00-6/05
37
5
32
 
Total Mergers
50
5
45
 
           
90% of Indiana mergers over the past six years were credit unions not involved with shared branching.
 
 
 
 

 

 

Questions about Credit Union Centers?
Contact Chuck Barr at (800) 285-5300.

 

 

 

   
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