Thursday, April 11, 2019

Commercial Share Accounts Growing by Almost 16.4 Percent Per Year

Another sign of credit unions pursuing small- and mid-sized businesses is the growth of commercial share accounts.

Between 2013 and 2018, commercial share accounts at credit unions have grown at a compound annualized growth rate of approximately 16.4 percent.

The following graph shows the expansion in commercial share accounts at credit unions over the period of 2013 and 2018.

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