Blame it on the survey and those who responded to it.
That's CUNA's explanation of why its original estimate that credit unions had a net increase of 650,000 members in October was off by about 400,000.
The trade association last week said 214,000 people joined credit unions in the month leading up to Nov. 5 Bank Transfer Day. That follows 227,000 new members in September. The NCUA reported that, based on reports from federally insured credit unions, those financial institutions added 450,000 new members in the third quarter.
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