Compared to the second quarter of 2013, membership declined at 54% of the nation's credit unions in the second quarter of this year, according to the NCUA.
Credit unions in New Jersey have the lowest drop, Alaska has the highest growth in membership.
Credit unions fare the worst compared to other lenders in 30-day and 60-day delinquency increases.
Francois Verleysen, from Bank-Fund Staff FCU, will replace the retiring Dan Stake.
While the Urban Institute calls the statistic alarming, it says the ratio is not a new trend.
California, New Jersey and the Maryland-DC leagues planning a new CUSO.
Indianapolis man accused of bilking more than 5,000 investors.
Payday lenders sue bank regulators over examiners' use of reputation risk designed to shut them out.
An FBI lead investigator suggests credit unions step up efforts to prevent fake online account openings.
Credit unions lag behind other lenders when it comes to commercial real estate staff salaries.