Death Panel for America’s Smallest Credit Unions?

There are 1,029 credit unions with less than 500 members.

Only 15 of the 500 smallest credit unions have websites.

There are 78 credit unions with less than 100 members.

There are 15 credit unions with only one member.

If you rank the smallest 100 credit unions by number of members, they serve a combined membership of 6,787.

The 100 smallest credit unions by assets have only $9.54 million combined, and serve 16,485 members. There are 1,099 credit unions who each serve at least that many members.

228 credit unions have less than $100,000 in assets. 40 have less than $10,000.

There are 640 credit unions with less than $1 million in assets, for a combined total of $304 million.

Conversely, the 596 largest credit unions each have over $300 million in assets.

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