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.
Former eight-term Iowa Congressman Jim Nussle takes the top job at CUNA.
Prize-linked savings accounts produce ROI and are popular with members.
According to its June 30 NCUA financial performance reports, the $5 million Louden Depot Community Credit Union was a thriving institution. However, the Fairfield, Iowa, credit union was liquidated by the NCUA Friday. It was the seventh federally insured credit union liquidated so far this year.
Trailblazer Award winner awarded grant for pilot project to reach out to immigrants.
Former House Speaker Newt Gingrich also cheers CUNA's new CEO.
Credit unions in New Jersey have the lowest drop, Alaska has the highest growth in membership.
Jim Nussle is a former eight-term congressman and director of the White House OMB for President George W. Bush.
The NCUA liquidates the $5M Louden Community CU. Its June 30 financials are far better than peers.
Read how the midterms could affect credit union legislation and regulation.