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December 23, 2014

Credit Union and Banks

Bridging the consumer gap between credit unions and banks

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As we all know, credit unions comprise a relatively small portion of the overall banking market – accounting for 9.5% of the savings market, 10% of the credit market and 6.8% of the total assets under control.  It’s interesting to note, however, that there are slightly more credit unions in the United States than there are banks.  So, one must wonder:  Why do credit unions lag so far behind as…