NCUA data revealed credit unions added another 34 branches in the first quarter, and credit unions have announced plans for at least seven more this year.
The NCUA showed that the nation's 4,808 credit unions on March 31 had 21,782 branches or headquarters. While that was still 233 less than December 2019, it represented a net gain of 126 locations in the past 12 months, including the 34 added since Dec. 31.
All the growth came from the South and West Census regions. The South had a net increase of 22 locations in the first quarter, while the West added 18. The Northeast lost six locations and the Midwest had no net change.
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