Florida credit unions added 48,000 new members in the second quarter, bringing the industry to 4.65 million members statewide with $45.3 billion in assets, both records.
The League of Southeastern Credit Unions, which announced the numbers Thursday, cited continued growth in both Florida and Alabama as evidence of a continued backlash against banking fees.
Nonetheless, the credit union presence still pales compared to banks, which boast well over $400 billion in deposits statewide according to 2011 data from the Federal Deposit Insurance Corp.