Connexus said passing the $5 billion threshold was "a significant milestone in the organization's 87-year history." Likewise, passing thresholds are important to other credit unions, several of which were poised to surpass the $5 billion threshold by Friday, and two that surpassed that mark during the second quarter:

State Employees Credit Union of Maryland based in Linthicum, Md., just south of Baltimore, had $5.1 billion in assets and 246,438 members as of June 30. Its assets grew 22% over the past two years.
Citadel Federal Credit Union, Exton, Pa. ($5.1 billion, 246360 members). Its assets grew 19% over the past two years.

Those surpassing $10 billion in the second quarter were:

Digital Federal Credit Union, Marlborough, Mass. ($10.7 billion, 1 million members). Its assets grew 3% over the past two years, having dipped below $10 billion from March 2021 to March 2022.
Greenstate Credit Union, North Liberty, Iowa ($10.7 billion, 385,624 members). Its assets grew 60% over the past two years.

Those surpassing $7 billion in the past year were:

Eastman Credit Union, Kingsport, Tenn. ($7.6 billion, 294,880 members). Its assets grew 34% over the past two years.
Space Coast Credit Union, Melbourne, Fla. ($7.3 billion, 548,212 members). Its assets grew 31% over the past two years.
Wright-Patt Credit Union, Dayton, Ohio ($7.2 billion, 462,981 members). Its assets grew 26% over the past two years.

Those surpassing $2 billion in the second quarter were:

Arkansas Federal Credit Union, Little Rock, Ark. ($2 billion, 138,417 members). Its assets grew 35% over the past two years.
I.H. Mississippi Valley Credit Union, Moline, Ill. ($2 billion, 141,795 members). Its assets grew 22% over the past two years.

Those surpassing $1 billion in the second quarter were:

Sunmark Credit Union, Latham, N.Y. ($1 billion, 86,352 members). Its assets grew 27% over the past two years.
Del Norte Credit Union, Los Alamos, N.M. ($1 billion, 60,982 members). Its assets grew 28% over the past two years.

Instant Insights /

Connexus Follows Other Credit Unions Over the $5 Billion Asset Mark

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