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Ongoing Expansion for Tampa Bay Credit Unions in 2023



Tampa Bay Credit Unions Grow in 2023

The 22 credit unions headquartered in the Tampa Bay area saw their assets increase by a combined $2.4 billion in 2023, according to data from the National Credit Union Administration. This continues a robust growth trend, with local credit union assets expanding by more than 55% over the past five years.

Membership also grew, albeit at a slower pace than assets. Local credit unions added 81,843 members in 2023, reflecting an increase of 3.1%. Over the last five years, membership has surged nearly 25%, translating to more than half a million new members.

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