For an industry that lost 1,000 credit unions between 2011 and 2015, hitting the billion-dollar asset mark is a daunting goal. Just 8% of the nation’s 6,021 remaining credit unions have assets of more than $500 million, according to the NCUA. Only 23 have assets over $5 billion and they control roughly a quarter of the entire industry’s assets.

But some credit unions are hitting new high-water marks. New Berlin, Wisc.-based Landmark Credit Union hit $3 billion in assets in May, for example, making it the first in the state to do so. On June 1, Duluth, Ga.-based Georgia United Credit Union announced records assets too, crossing the $1 billion threshold and joining the ranks of just 250 other credit unions in the billion dollar club. Georgia United has 151,000 members.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical 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 and

Already have an account?

Tina Orem


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.