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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
What Lurks In The Dark Web?
A Strategy To Centralize Lending And Increase Efficiency
5 Ways To Better Understand Your Auto Portfolio
Industry Performance By The Numbers (3Q 2016)
A Wake-Up Call In 2017?
Industry Performance By The Numbers (2Q 2016)
Industry Performance (3Q 2015)
4 Ratios All Staff Members Should Know
Industry Performance (1Q 2016)
Industry Performance By The Numbers (4Q 2015)
Industry Performance By The Numbers (1Q 2015)
Peer Group Performance and State of the States
Which credit union leads the nation in auto loan penetration?
Leaders In Five-Year Loan Growth
Being At The Point Of Sale
Benchmarking Report: 1st Mortgages
March 14, 2011
As I perceive the organizations purpose with these types of stories is to highlight CUs achieving good results in areas where industry trends may not be doing so well, and have those CUs act as a role model for the rest of the industry. The problem I have is that Callahan's focuses too much on simply growth percentages, without regards to asset size. I agree statistically, that when generalizing performance between all CUs the percentage of growth can, to some extent, equalize the comparison. But, this type of statistical analysis will not account for the anomalies, which are typically what the top examples in these types of stories represent. Is it really plausible to believe that the best example of successful auto lending in our industry increased their auto loan portfolio year over year by 307 loans for $2.4 million in loan growth? When larger CUs increased their auto loan portfolios by thousands of loans for $50 to $100 million in year over year loan growth during the same period. To represent an accurate picture of the best, more than simple growth percentages need to be considered, and the statistical anomalies must be eliminated. Then these types of articles will provide the industry with valuable information and insight.
I am the Manager of Chattanooga Federal Employees Credit Union and I would like to get a copy of this article in the magazine if you could possibly mail to me. Please call me at 423-892-3738. Look forward to hearing from you.
Ladies and Gentlemen, We were among the top 10 direct lenders for 2010 and originated a far higher percentage increase in 2011. Our direct lending business is booming. We wonder if you will be releasing statistics or an article on direct lenders this year as well. Many thanks for your response, -Ed Lopes, CEO
A Strategy To Centralize Lending And Inc...
Industry Performance (3Q 2015)
Peer Group Performance and State of the ...
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