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CU Membership Growth Largely Unchanged, Dropping at Small CUs: NCUA

A new NCUA report shows declining membership at smaller credit unions.

Slow, but steady growth.

Credit union membership growth was unchanged—at the median—from a year ago, but membership at small institutions dropped, the NCUA reported Tuesday.

Looking at the fourth quarter of the year, the agency reported that half of the federally insured credit unions had fewer members at the end of the year than a year earlier. But about 75% of the credit unions with declining membership had assets of less than $50 million.

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