Page 21 - US Market Performance Report 1Q 2018

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Credit Union Summary
Credit unions have a relatively constant rate of contraction in number of institutions, at slower overall rates than banks, as follows:
The credit union industry is not as top-heavy as banks. The table shows the Top 10 credit unions by assets had 16.6% of the industry’s total in March 2018. Not shown is the fact the Top 300 credit unions had 63.7% of the total credit union assets.
Net member growth is disproportionately occuring with the largest credit unions, however. The Top 10 credit unions had 30.1% (+1.423 million) of the industry’s net member growth between March 2017-2018, with the Top 300 having 90.1% (+4.207 million).
‘09-10 = -2.8% ‘10-11 = -3.4% ‘11-12 = -3.9%
‘12-13 = -3.9% ‘15-16 = -3.9% ‘13-14 = -4.3% ‘16-17 = -3.7% ‘14-15 = -4.0% ‘17-18 = -3.6%
The number of credit union branch of ces is down slightly from its 2010 peak, but is currently on a six year growth path:
2010 = 21,431 peak 2018 = 21,073 (-1.7%)
Credit Unions: Top 10 by Assets SOURCE: FDIC, MARCH 2018 CALL REPORTS
% of FDIC Totals
CERT# NAME
ASSETS DEPOSITS NET LOANS TOTAL EQUITY
netloans totalequity asset % dep % % %
5536 NAVY FEDERAL 66310 STATE EMPLOYEES'
227 PENTAGON
62604 BOEING EMPLOYEES 24212 SCHOOLSFIRST 61650 THE GOLDEN 1
19976 FIRST TECHNOLOGY 67955 ALLIANT
24694 AMERICA FIRST 11065 SECURITY SERVICE
$89, 802, 839, 148 $38, 393, 410, 804 $23, 363, 371, 254 $18, 607, 547, 992 $14, 745, 146, 263 $11,868,775,279 $11,782,596,835 $10, 339, 909, 301 $10, 048, 198, 664
$9, 510, 288, 760
$67, 006, 642, 569 $35, 108, 821, 084 $17, 946, 719, 714 $16, 358, 340, 756 $12, 664, 599, 831 $10, 401, 640, 598
$8, 385, 690, 496 $8, 931, 642, 596 $8, 910, 245, 845 $7, 960, 881, 245
$67, 061, 983, 514 $21, 843, 677, 189 $19, 636, 432, 699 $12, 134, 056, 794
$7, 740, 940, 951 $8, 180, 933, 767 $8, 694, 000, 738 $7, 593, 153, 900 $7, 388, 091, 377 $8, 479, 316, 298
$10, 908, 238, 319 $3, 073, 092, 229 $2,411,391,477 $2, 020, 336, 155 $1, 617, 149, 575 $1, 342, 089, 036 $1, 064, 765, 683 $1, 121, 045, 267 $1, 058, 491, 460
$840, 496, 000
12. 48% 10. 02% 9. 74% 7. 98% 2. 57% 2. 09% 1. 69% 1. 67% 1. 65% 1. 40%
11.48% 10. 39% 10. 00%
7. 37% 2. 61% 2. 00% 1. 80% 1. 85% 1. 74% 1. 44%
8. 59% 9. 42% 9. 50% 6. 50% 2. 88% 2. 27% 0. 31% 1. 44% 1. 60% 0. 31%
10. 92% 10. 45% 8. 34% 7. 41% 2. 40% 1. 93% 1. 40% 1. 89% 1. 93% 1. 17%
10 SUB-TOTALS
5,636 ALL OTHERS
5,646 ALL CREDIT UNIONS
AVERAGES
$238, 462, 084, 300 $1, 194, 705, 351, 557 $1, 433, 167, 435, 857
$193, 675, 224, 734 $1, 024, 521, 928, 401 $1, 218, 197, 153, 135
$168, 752, 587, 227 $813, 771, 272, 609 $982, 523, 859, 836
$25, 457, 095, 201 $130, 634, 465, 229
$156, 091, 560, 430
16. 6% 15. 9% 17. 2% 16. 3% 83. 4% 84. 1% 82. 8% 83. 7%
10 SUB-TOTALS
5,636 ALL OTHERS
5,646 ALL CREDIT UNIONS
$23, 846, 208, 430 $211,977,529 $253, 837, 661
$19, 367, 522, 473 $181,781,747 $215, 762, 868
$16, 875, 258, 723 $144,388,090 $174, 021, 229
$2, 545, 709, 520 $23,178,578 $27, 646, 398
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