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The number of LICUs has risen significantly in the last two years.

Almost 25% of U.S. credit union memberships are at low-income credit unions.

Two years after the NCUA launched an effort to make more credit unions aware of their eligibility to be designated as low-income institutions, the agency reported Friday that 2,107 credit unions have been recognized as low income. The NCUA also reported low-income credit unions collectively hold $218 billion in assets, and more than 70% of them have fewer than $50 million in assets.

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