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CUNA Research Reports

CU Snapshot

 Aug '17Jul '17
# of CUs5,708 5,893
Members
(millions)
112.7112.2
Total Assets
($ billions)
$1,372.1$1,383.7
Total Savings
($ billions)
$1,158.6$1,165
Net Cap.
Assets
10.8%10.7%
Loans to Savings82.3%81.5%
Loan Delinq.0.8%0.7%

         Credit Union Indicators

QUICK TAKE: Staffing Levels

A wide majority of CUs are hiring.

Thirty-five percent of credit unions with assets of $1 million or more—including no less than 75% of those with assets of $200 million or more—plan to increase full-time employee numbers during 2016, according to CUNA's 2016-2017 Staff Salary Report.

Among those looking to boost their staffing levels, the average increase rises with asset size, from between one and two people in credit unions with assets of less than $100 million, to more than 30 in the largest credit unions.

JON HALLER is CUNA's director of corporate and market research.