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CU Snapshot

 Jun '17May '17
# of CUs5,911 5,922
Members
(millions)
111.7111.2
Total Assets
($ billions)
$1,378.8$1,369.6
Total Savings
($ billions)
$1,172.6$1,156.8
Net Cap.
Assets
10.6%10.6%
Loans to Savings79.6%79.9%
Loan Delinq.0.7%0.7%

         Credit Union Indicators

Community Development as a Business Model

Tips for achieving success and profitability with community investment.

Community development significantly increases credit unions' profitability, according to a Filene Research Institute report.

The report recommends that credit unions using a community development business model:

One place to turn for support and more information is the National Federation of Community Development Credit Unions, which assists community development credit unions in obtaining certifications and rolling out products tested and designed for the underserved marketplace.

(Via news.cuna.org )