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Georgia League Calls on Credit Unions to Grow Membership by 8%

As is the case with many states, Georgia is grappling with low membership growth rates.

By Michelle A. Samaad | Updated on June 04, 2007

DULUTH, Ga. — As is the case with many states, Georgia is grappling with low membership growth rates.

To help credit unions increase membership, the Georgia Credit Union League’s board of directors assembled a Membership Growth Initiatives Task Force to come up with specific recommendations that aim to achieve system-wide annual net membership growth rates of at least 8%. In 2006, Georgia’s CUs added 23,000 members or 0.3% to its membership rolls. Growth has been about 2.5% over the past 20 years in the state, directly in line with CUNA’s 2% rate for the entire system.

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