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The Economist Reports on Spike in Credit Union Membership


The number of credit union members worldwide has doubled since 2000—up from 108 million to 217 million. In a new articleThe Economist explores the driving forces behind this spike in membership: credit unions offer higher rates to savers and lower rates to borrowers; they are more resilient and thus better able to withstand financial crises; and recent legal changes have allowed credit unions to merge and better compete with big banks.

Click here to read the full article.

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