Rather than court new members, some credit unions may focus their resources on building relationships with existing members this year.
CUNA Mutual Group Chief Economist Dave Colby offered that insight in the December issue of the Credit Union Trends Report.
There was a total estimate of 93.7 million members as of October, the latest period tracked in the report. This reflected a net increase of 1.1 million year to date. Colby said unlike previous years, credit unions should continue to see membership gains in the fourth quarter of 2011.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 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.
