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PrintState Credit Union Facts & Figures
Download NASCUS' Facts and Figures Brochure, September 30, 2005 DataNASCUS' State Chartered Credit Union Facts and Figures brochure is updated quarterly.
How Many SCUs Are There?
There are 3,639 state-chartered credit unions (SCUs.) (40.08% of all credit unions in the United States.) There are also 140 credit unions located in Puerto Rico.
How Large Are SCUs?
The largest credit union in the country is state-chartered U.S. Central Credit Union, Kansas, with more than $40 billion in assets. 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 $12.8 billion in assets.
The remaining top five largest SCUs are:
2. Golden 1 CU (CA)-$6.1 billion
3. Boeing Employees' CU (WA)-$5.9 billion
4. Alliant CU (IL)-$4.4 billion
5. Patelco CU (CA)-$3.6 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 301 state-chartered CUs with assets under $1 mil. The smallest state-chartered credit unions are: Beckstrand and Associates CU (UT)-$4,156 total assets; Star CU (WI) -$15,513 total assets
How Many State-Chartered Corporate Credit Unions Are There?
Of the 29 corporate credit unions in the country, 13 are state-chartered.
How Healthy Are SCUs? **
Find below key ratios from September 30, 2005 data:
Ratios |
SCU |
FCU |
|---|---|---|
Member Growth |
1.63% |
1.67% |
Share Growth |
3.41% |
3.94% |
Loan Growth |
8.66% |
9.37% |
Delinquency |
0.66% |
0.68% |
Loans/Shares |
80.54% |
76.40% |
Loans/Assets |
68.59% |
65.22% |
Return on Assets |
.88% |
.98% |
Net Worth |
11.03% |
11.25% |
** 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 95% of the nation's state-chartered credit unions are insured by the National Credit Union Share Insurance Fund (NCUSIF). American Share Insurance (ASI) insures 185 state-chartered credit unions (as of January 2006.
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 |
36.18% |
37.51% |
Credit Card |
4.23% |
5.67% |
Real Estate |
48.42% |
46.12% |
Member Business |
4.80% |
2.54% |
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