The State of Small Credit Unions Today

​New white paper from the CUNA Small Credit Union Committee provides a roadmap to preserve and strengthen the small credit union model. 

The CUNA Small Credit Union Committee, which is made up of 15 small credit union leaders from across the country and advises the CUNA Board and Advocacy Committee, has finalized a new white paper, “The State of Small Credit Unions Today”.
 
This report commemorates the 20-year anniversary of the formation of the CUNA Small Credit Union Committee (Committee) which serves as the voice and advisory body for small credit unions to the CUNA Board and Advocacy Committee.  When the Committee was formed, it created a similar report which served as a roadmap to preserve and strengthen the small credit union model.  The Committee is pleased to provide a 20-year update to that report.  The recommendations are directed to all within the credit union movement who wish to sustain small credit unions.  
 
The State of Small Credit Unions Today (downloadable report) outlines arguments for the continued importance of small credit unions to the success of the overall credit union movement. Some of the information presented in the report includes:
 

• Why Small Credit Unions Still Matter
• Small Credit Unions by the Numbers
• Efficiency & Growth
• Health & Growth
• Compliance Costs
• Continued Importance
• Six Challenges Facing Small CUs
• Next Steps
• Resources and Initiatives