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By Alix Patterson
Other credit unions focus on the financial health of their credit union. This
may mean achieving a loan-to-share ratio 30 percentage points higher than the
industry average, or earning a Return on Assets 200 basis points above their
And then there are credit unions that excel across the board. According to
Callahan's 2004 Credit Union Directory,
the following ten credit unions are considered Best-in-Class* in over 6 performance
categories as of June 2003.
One thing they all have in common is continued success in growing their loan
portfolio. All of these credit unions rank in the top 2 percent of credit unions
for 5-year loan growth. These 10 credit unions grew loans at 5-year compound
rates ranging from 19.4% to 29.8%, well above the industry average of 8.8%.
Click here to download
a PDF which includes a breakdown of Best-in-Class categories for all ten credit
*Twenty-three Best-in-Class tables are included in Callahan's 2004
Credit Union Directory. These tables include the Top 50 or 100 credit unions
from all 3,520 credit unions over $20 million. The 23 leader tables in the 2004
Credit Union Directory are: Total Assets, Total Members, Member Growth, Average
Share Balance, 12-month & 5-year Share Growth, Share Draft Penetration, Average
Loan Balance, Loans-to-Shares, 12-month & 5-year Loan Growth, Auto Loan Penetration,
Indirect Auto Lending, Leases Receivable, Credit Card Penetration, Real Estate
Originations, Real Estate Loans to Total Loans, Member Business Lending, Branches
and ATMs, Return on Assets, Investments/Assets, Net Worth-to-Assets, and Service
Revenue/Assets. For more information,
December 1, 2003
7/26/2012 03:57 PM
I'm not sure having a large ROA is in the members best interest. Also, % growth can be large when you start at a low base. There are way too many environmental factors that need to be considered when determining who is really doing the "best".
Looks like an ad to me, not information regarding how they did it.
VERY INFORMATIVE AND ENLIGHTNING.
Good question! The answer is zero. For all growth indicators we exclude credit unions that have merged for they skew the numbers. --Callahans
Would have been interesting to know how many of those top ten credit unions completed one or more mergers during the measured period.
Well, I thought this was outstanding! But, I'm a little bias...
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