Alabama and Florida credit unions continue to grow, adding members, assets and employees.

Credit unions in the two states added 433 full-time staff in the past 12 months. That breaks down to 400 new staff in Florida and 33 new staff in Alabama, according to the League of Southeastern Credit Unions and Affiliates.

This falls in line with the recent surge in membership, Alabama has added 79,000 new members in the past two years, while Florida has added 47,000 in that same time period. Plus, each state has grown assets significantly; Alabama has added $1.6 billion in two years, while Florida has added $4 billion.

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
NOT FOR REPRINT

© 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.