WASHINGTON—Commercial share accounts at credit unions grew by 16.6% during 2019 to $40.8 billion, reported Keith Leggett, the former senior vice president and senior economist at the ABA.
At the end of 2013, credit unions reported $16.3 billion in commercial share accounts, stated Leggett, citing NCUA data.
Leggett noted CU commercial accounts were up 150% between 2013 and 2019.