Sign In To Keep Reading!
Need To Register?
Thank you for your interest in reading the fantastic content we have on CreditUnions.com! All users must log in to read, research, browse, and have fun on CreditUnions.com. It's free to create an account.
Learn What You're Missing
Upgrade Your Subscription
Back to CreditUnions.com
Read & Watch
Deposits & Payments
Operations & Technology
Search & Analyze
Find A Credit Union
Find A Credit Union Executive
Build A Peer Group
Strategy & Performance
Anatomy Of A Credit Union
Market Share Guides
Credit Union Directory
How To Earn The Hispanic Credit Union Seal...
How Community 1st Plans To Build Business ...
A Five-Year Plan To Hit $1 Billion In Asse...
Auto Market Share In 3Q 2016
How To Eliminate Fees And Improve The Memb...
A Strategy For ALM Years In The Making
Why Pioneer FCU Tops The Leader Boards
Third Quarter 2016 Shares By The Numbers
How To Cross $10 Billion And Keep On Going
A Strategy To Serve C/D Paper Borrowers
It's Time For Student Loan Refinancing
5 Tips To Survive Multiple Mergers
2014 Credit Union Performance In 7 Charts
The Importance Of Finance In Financial Services
4 Ratios All Staff Members Should Know
3 Takeaways From Trendwatch 4Q 2014
Callahan Bowl XI Predicts Seattle Repeat
Industry Performance (3Q 2015)
Industry Performance (1Q 2016)
Industry Performance By The Numbers (4Q 2015)
Industry Performance By The Numbers (1Q 2015)
12 Ratios For Marketing Managers
Fourth Quarter Preliminary Data Shows Growth Trends
Merger Activity through the 3rd Quarter of 2006
Reverse Mortgages Gaining Market Acceptance
Heads of States - How Do the Top CUs Compare?
Manufactured Housing: An Overlooked Lending Opportunity
April 18, 2005
You are correct about these credit unions being unusual. However, while we recognize these are unusual credit unions and will have unusual financials to boot, we want to exhibit the top performers to start the brainstorming process about how other credit unions can change their business plans and ideologies to become top performers in comparison to the industry average. If we only published the industry's averages, it might not stimulate alternative thoughts on changing current behaviors. Tom Geggel, Callahan & Associates
The problem with this type of list is that these are unusual credit unions. I think if you would show this same data for the top 100 credit unions you would see a completely different picture. A net interest margin of 4.47 is unusually high and operating expense ratios of .76% a very low. The issues for many of us credit unions in the norm is that our spreads are barely covering operating expenses. Auto lending is starting to feel a lot like being in the airline business. Everyone is cutting their prices, often below cost to hold on to or increase volumes. The credit card business has largely been ceded to the mono-lines. Business lending is catching on but only for a few credit unions. For many credit unions most of 2004's lending success came from real estate lending. The question is will real estate lending bring on interest rate risk problems if rates rise?
I agree with the discussion that they are the exception. The community based credit unions have a totally different set of costs that single seg credit unions do not have to deal with. Also, one year's worth of data is also misleading. How many of these ROA leaders would be on the same list as a list using a 5 year time period?
2014 Credit Union Performance In 7 Chart...
Industry Performance (3Q 2015)
Fourth Quarter Preliminary Data Shows Gr...
1001 Connecticut Ave. NW Suite 1001
Washington, DC 20036
P: 800-446-7453 F: 800-878-4712
© 2017 Callahan & Associates, Inc.
All rights reserved