U.S. credit unions opened 83 new branches and closed 53 in the second quarter, according S&P Global Market Intelligence data. There were 21,337 actively operating credit union branches as of June 30.

Three California-based credit unions opened two new branches each — Eureka-based Compass Community CU, Oceanside-based Frontwave CU and Santa Ana-based SchoolsFirst FCU. Biloxi, Miss.-based Keesler FCU and Jacksonville, Fla.-based VyStar CU also each opened two branches. Meanwhile, Navy FCU, the nation's largest credit union, has seen no branch activity in 2019 after opening 15 branches and closing seven in 2018.

Lenexa, Kan.-based CommunityAmerica CU and Gardena, Calif.-based Pacific Transportation FCU both closed two branches in the second quarter.

Michigan continued to lead for the net number of credit union branch openings, with seven in the second quarter and six in the first. In the second quarter, the seven branch openings were conducted by seven different credit unions. North Carolina and Wisconsin each saw three net openings, while New Jersey had three net closures and Ohio and Utah both closed two.

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