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Download
NASCUS' Facts and Figures Brochure, September 30,
2005 Data
Data Provided by the Massachusetts
Credit Union Share Insurance Corporation based
on September 30, 2005 data.
NASCUS' 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? **
SCUs are very healthy. 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 |
0.88% |
0.98% |
| Net Worth |
11.03% |
11.25% |
** Ratios are calculated using universe of credit
unions with assets > 0, excluding corporate credit
unions.
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 |
38.18% |
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?
More than 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
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