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CU Snapshot

 Apr '17Mar '17
# of CUs 5,926 5,953
Members
(millions)
111.2110.7
Total Assets
($ billions)
$1,381.2$1,374.7
Total Savings
($ billions)
$1,161.4$1,163.6
Net Cap.
Assets
10.4%10.4%
Loans to Savings79.3%78.2%
Loan Delinq.0.8%0.7%

         Credit Union Indicators

Security Threats for Members

Consumers worry about credit card fraud and identity theft.

Card fraud and identity theft continue to be the most common crimes reported during the past 12 months and the types most concerning to consumers, according to Gallup's 2015 Crime Survey.

The survey asks respondents if they had been a victim of nine types of crimes, ranging from identity theft and card fraud to physical crimes such as assault.

The percentage of Americans—or someone in their households—who have been victimized by identify theft or credit card fraud fell to 42%, from 47% in 2014. Consumer awareness of account monitoring and the need for more secure passwords, as well as security advances such as chip card technology, shows promise of reducing fraud, Gallup notes.

Roughly 70% say they "frequently" or "occasionally" worry about hackers stealing their credit card information from stores they visit, and the same percentage worry about identity theft.

Additionally, the Gallup survey finds that those who have been victims of card fraud in the past are more likely to fret about being victims again.

More than half (53%) of Americans who have had information stolen at least once say they worry "frequently" about future crime. Of those who haven't been victimized, only 29% say they worry about it frequently.

(Via news.cuna.org)