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Tight Budgets May Stall Membership Growth

While some credit unions are reporting strong membership growth as consumers become dissatisfied with "big, remote, bailed-out" banks, others may be experiencing just the opposite.

By Michelle A. Samaad | Updated on July 13, 2009

While some credit unions are reporting strong membership growth as consumers become dissatisfied with “big, remote, bailed-out” banks, others may be experiencing just the opposite.

Those credit unions grappling with extremely tight expense management to rebuild capital “are content with little or no growth,” CUNA Mutual Group’s May Credit Union Trends Report noted.

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