Analyzing credit unions’ 2021 SEG additions

What is a SEG?

Select Employee Groups, or SEGs, are groups that share any common bond of association or occupation. Common types of SEGs include: employees of a company, contractors who commonly work for the same company, members of a fraternal organization, members of a church, students of a school, etc.

Who adds SEGs to their field of membership?

Adding SEGs is the primary method that federal multiple common bond credit unions use to grow their field of membership (FOM), though they can also expand through underserved areas. Federal single common bond credit unions can also add SEGs, and in doing so they may become multiple common bond.


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