When it comes to the most investments and loans in CUSOs, three Texas credit unions have the distinction of being in the top five ranking.
According to data as of Sept. 30 from Callahan & Associates, the $1.6 billion Texans Credit Union topped the list at nearly $174 million followed by the $1 billion Credit Union of Texas at $70 million. Holding the fifth spot on the list is the $680 million Texas Trust Credit Union.
Two California cooperatives, the $2.6 billion Wescom Credit Union and the $8.3 billion SchoolsFirst Federal Credit Union, had the greatest number of CUSO investments at 16 and 13, respectively. The $4.9 billion America First Credit Union in Utah shared the top spot with Wescom, also with 16 CUSO investments.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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
Already have an account? Sign In Now
© 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.
