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PrintState Credit Union Facts & Figures
Download NASCUS' Facts and Figures Brochure, March 31, 2006 DataNASCUS' State Chartered Credit Union Facts and Figures brochure is updated quarterly.
How Many SCUs Are There?
There are 3,440 state-chartered credit unions (SCUs.) (39.14% of all credit unions in the United States.) There are also 134 privately insured credit unions located in Puerto Rico
How Large Are SCUs?
Of the five largest natural person credit unions in the United States, three are state-chartered. The largest state-chartered natural person credit union in the United States is State Employees' Credit Union (NC) with $13.50 billion in assets.
The remaining top five largest SCUs are:
2. Boeing Employees' CU (WA)-$6.48 billion
3. Golden 1 CU (CA)-$6.01 billion
4. Alliant CU (IL)-$4.37 billion
5. Patelco CU (CA)-$3.87 billion
Are There Small State-Chartered Credit Unions?
The credit union movement contains credit unions of all sizes serving people of various means. There are 288 state-chartered CUs with assets under $1 mil. The smallest state-chartered credit unions are: Kaneb Employees (KS) - $808 total assets; Catholics United (KS) - $8,178 total assets; Star CU (WI) -$15,897 total assets.
How Many State-Chartered Corporate Credit Unions Are There?
Of the 30 corporate credit unions in the country, 10 are state-chartered.
How Healthy Are SCUs? **
Find below key ratios from March 31, 2006 data:
Ratios |
SCU |
FCU |
|---|---|---|
Member Growth |
.66% |
.17% |
Share Growth |
3.09% |
3.23% |
Loan Growth |
.97% |
1.10% |
Delinquency |
0.57% |
0.56% |
Loans/Shares |
80.25% |
76.37% |
Loans/Assets |
68.6% |
65.4% |
Return on Assets |
.75% |
.88% |
Net Worth |
11.01% |
11.19% |
** Ratios are calculated using universe of credit unions with assets > 0, excluding corporate credit unions. Ratios are calculated since prior 12/31.
How Are SCUs insured?
Deposits in 94.65% of the nation's state-chartered credit unions are insured by the National Credit Union Share Insurance Fund (NCUSIF). American Share Insurance (ASI) insures 184 state-chartered credit unions.
What Types of Loans Are Credit Unions Making?
Credit unions are serving its members borrowing needs from car loans to business lending. Find below, loans cited as a percent of total loan portfolio.
SCU |
FCU |
|
|---|---|---|
Auto |
36.8% |
36.1% |
First Mortgage |
34.6% |
30.8% |
Other Real Estate |
15.5% |
17.1% |
Other Loans |
5.4% |
5.4% |
What Percentage of SCU Assets Are Supervised by NASCUS Accredited Agencies?
Nearly 82 percent of state-chartered credit union assets are supervised by NASCUS Accredited State Supervisory Authorities. Currently, there are 28 NASCUS Accredited State Agencies:
Alabama
Arizona
California
Colorado
Connecticut
Florida
Georgia
Idaho
Indiana
Iowa
Kansas
Kentucky
Louisiana
Massachusetts
Michigan
Missouri
New Mexico
North Carolina
North Dakota
Ohio
Pennsylvania
Tennessee
Texas
Utah
Vermont
Virginia
Washington
Wisconsin