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Key Advice For A Credit Union Turnaround
A Strategy To Return Value To Members
A Check Hold System Boosts Member Service
A $10 Incentive To Move Members To Mobile
Kathy Martin On Leadership
Lessons From A 12-Month Turnaround
How To Score With HELOCs
Gauging Risk Is Key For Auto Lending
Central Strategy Supports 3X The Lending
Recent Events That Impact Regulations
Funding Is Key To Robust Lending
Is Quality Control Part Of Your Culture?
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
Credit Unions Increase Cash Holdings by More than $10 Billion
Earnings Down 17% among Largest Credit Unions
Patiently Waiting for a Rise in Rates
Tight Margins Lead to Lower ROAs in 1st Quarter 2004
Successful IRA Programs Impact a Credit Union
March 22, 2004
I have heard that if we look at the smallest 100 credit unioins that their ROA is much higher than either the top 100 and certainly the average. It would be interesting to see if that is true.
Good information ... thought provoking ... provides data for comparative analysis.
I would take exception to the statement that the Top 100 are the driving force in the movement. While Justice FCU is not there, we often are leaps ahead in terms of innovation and complexity than some of these Top 100. Many others might feel the same.
Good information. It took me a few minutes to really see the impact of the information.
Is there a way to report ROA before and after interest refunds. I know many CU's give refunds back and for us this refund lowers our ROA. On the December Call Report there is a separate line for any interest refunds. Thank You.
Actually, of the smallest 100 credit unions by asset size, 35 have a negative ROA and the collective ROA of the group is 0.06%. Callahan's often segments the credit union industry into nine peer groups based on asset size, and without fail the ROAs of those groups follow the size of the group accordingly with the smallest group, credit unions under $2 million in assets, having the lowest ROA of 0.26% and about 30% of the 1,800 credit unions in that group actually having a negative ROA.
Using the old 80/20 rule, I wonder if 20% of the CU's hold 80% of the assets, members, loans, etc. Using the 10,000 CU's approximately, would the top 200 have 80%?
Not sure it means anything much but it is worth pondering.
Specifically, I would like to see detailed Financial Performance Ratios for the top 100. Also, what other things are they doing to make them high performers. The article is good, but would be better if we could see congruencies in their business models that we might be able to emulate.
Good information and insight in this market segment.
2014 Credit Union Performance In 7 Chart...
Industry Performance (3Q 2015)
Credit Unions Increase Cash Holdings by ...