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FROM THE OFFICE OF PUBLIC AFFAIRS

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January 15, 2001
Report-3070

Comparing Credit Unions with Other Depository Institutions, January

Credit unions are depository institutions that accept deposits and make loans.  As of June 30, 2000, there were 10,477 federally insured credit unions with $426.8 billion in assets.  Although the average credit union is small, with only $41 million in assets, those with more than $50 million in assets hold more than 79 percent of all credit union assets, even though they account for only 15 percent of all credit unions.

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