ALEXANDRIA, Va. — Federal credit unions continue to add underserved areas at an anemic rate in the second quarter. So far this year, according to the NCUA, 36 credit unions have added 45 underserved areas, representing a potential 5.8 million additional possible members.
|This is roughly on track with last year, which saw 74 credit unions add 97 underserved areas with a potential 17.4 million potential credit union members. But the number still sharply lag 2005 which saw 117 credit unions add 179 underserved areas with 24.6 million potential credit union members.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
