Flashback to what the Credit Union Nation looked like as the world celebrated on New Year's Eve in 1990: There were 12,860 federally insured credit unions, and 7,291 were single common bond cooperatives – 1,240 single associational and 6,051 single occupational charters.
What's more, two and a half decades ago, only 1,220 cooperatives were multiple common bond (717) or community charter (503) credit unions, according to the NCUA.
At that time, there were 8,511 federal credit unions and 4,429 federally insured, state chartered credit unions.
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