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Credit Union

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Oct 6, 2010, 12:19 AM

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Credit Union

Worldwide,credit union systems vary significantly in terms of total system assets and average institution asset size,ranging from volunteer operations with a handful of members to institutions with several billion dollars in assets and hundreds of thousands of members. Yet credit unions are typically smaller than banks; for example, the average U.S. credit union has $93 million in assets, while the average U.S. bank has $1.53 billion, as of 2007.
Credit Union