U.S. and New York State Credit Union Statistics

Many employers find that credit unions can help employees make their wages go farther—through more attractive rates on loans and savings accounts—and can create a sense of community among employees. Even career goals can be furthered through credit union membership. The officers and members of the Boards of Directors of credit unions are volunteer credit union members. Employees, who wish to expand their skills in accounting, marketing, even HR, can learn and grow through the volunteer opportunities available in their credit union.

Number of US credit unions

8,538

Number of NYS credit unions

499

Number of US credit union members

89.1 million

Number of credit union members in NYS

4.2 million

Total assets in US credit unions

$763 billion

Total assets in NYS credit unions

$39 billion

Total savings in US credit unions

$650 billion

Total savings in NYS credit unions

$33 billion

Total loans outstanding in US credit unions

$522 billion

Total loans outstanding in NYS credit unions

$25 billion

* Data as of June, 2007. 
These include affiliated and non-affiliated federal and state-chartered credit unions.
(Statistics supplied by the Credit Union National Association (CUNA) Economics & Statistics Department)

 

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