CUNA Releases State of Small Credit Unions Report

CUNA’s Small Credit Union Committee published a comprehensive white paper Tuesday examining the key opportunities and challenges facing small credit unions. The State of Small Credit Unions Today outlines how cross-industry support can lead to greater collaboration at all asset levels and provides recommendations for the preservation of small credit unions nationwide. 

​The paper builds on research from a 2001 Small Credit Union Committee report which served as a roadmap to preserve and strengthen the small credit union model. ​Roxi Jensen, President & CEO of Embarrass Vermillion FCU is a member of the  CUNA’s Small CU Committee.

Top takeaways from this report include:

• The dynamic landscape of small credit unions;
• A discussion on the value that small credit unions provide to the industry at large; and
• Six challenges, paired with simple solutions, to help small credit unions remain relevant.

​The paper includes key figures and data to support investing in small credit unions and to raise awareness of the significant challenges they face. 

VIEW THE REPORT