New Hampshire

REGULATING AGENCY: New Hampshire Banking Department

New Hampshire State House

LEAGUE: Cooperative Credit Union Association

  • Ron McLean, President/CEO
  • Website: ccua.org

PRIVATE SHARE INSURANCE: No


2023 STATS 
  • Largest SCU: NORTHEAST CU $1.95B in assets
  • Largest FCU: SERVICE FCU $5.47B in assets
Fourth Quarter 2023 SCUs FCUs Total CUs % of SCUs/Total
Total Credit Unions 8 5 13 61.54%
Credit Union Members 0.42M 0.37M 0.79M 53.00%
Credit Union Assets $6.34B $5.86B $12.2B 51.95%

FUN FACT

The first free modern public library was opened in 1833. The Peterborough (N.H.) Town Libraries was the first institution funded by a municipality with the explicit purpose of establishing a free library open to all classes of the community.

RECENT NEWS
Northeast Credit Union adds leasing option to fight rising auto prices

December 11, 2023 — To counter multiple trends that are driving up auto prices, Northeast Credit Union in Portsmouth, New Hampshire, is partnering with the San Diego-based Credit Union Leasing of America to offer a new leasing option.

The $1.9 billion-asset Northeast began talks with CULA to adopt the fintech’s indirect leasing system toward the end of 2021, after auto loan delinquencies among non-prime borrowers and refinancing activity saw significant increases industrywide. The partnership went live on June 1 of this year.

The credit union hopes that the new initiative will combat the effects of climbing interest rates on consumer lending markets and strengthen its position in the market, said Douglas Sites, vice president of indirect and direct lending for Northeast.

Click here to read the full story.

STORY ARCHIVE

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