Financial Performance

Earnings

By Marc Rapport | Sept. 25, 2017

A new strategy at Purdue Federal has delivered a $1.5 million bump in interest income and an anticipated 3-basis-point jump in ROA.

By Greg Gonsalves | Sept. 1, 2017

Total operating revenue has increased 8.8% over the first six months of 2016. This continued the recent trend of accelerating revenue growth for credit unions.

By Liz Furman | July 1, 2017

Total revenue reached $15.5 billion in the first quarter of 2017. That’s up 8.1% year-over-year from the $14.3 billion credit unions posted in the first quarter of 2016.

By Rebecca Wessler | April 10, 2017

Four can't-miss data points featured this week on CreditUnions.com.

By Callahan & Associates | April 10, 2017

Twenty-eight graphs, charts, and maps that evaluate credit union performance in the fourth quarter of 2016.

By Rebecca Wessler | March 20, 2017

Five can't-miss data points featured this week on CreditUnions.com.

By Sharon Simpson | March 20, 2017

When Keys FCU put itself into voluntary conservatorship in 2009, its leaders and staff knew rebuilding together was the only way to save the credit union.

By Liz Furman | Jan. 30, 2017

The national average for each of these six mighty metrics is less than 10 percentage points, but even a change of a few basis points can make a big difference to a credit union.

By Callahan & Associates | Dec. 1, 2016

Twenty-eight graphs, charts, and maps that evaluate credit union performance in the third quarter of 2016.

By Callahan & Associates | Nov. 21, 2016

Total revenue for all credit unions topped $29 billion in the second half of 2016. Learn what happened with interest income, non-interest income, and ROA.

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By Rebecca Wessler | Nov. 21, 2016

Three can't-miss data points featured this week on CreditUnions.com.

By Callahan & Associates | Oct. 31, 2016

Twenty-eight graphs, charts, and maps that evaluate credit union performance in the second quarter of 2016.

By Rebecca Wessler | Oct. 18, 2016

This quarter, Credit Union Strategy & Performance is all about showing off successes and looking forward to the future.

By Liz Furman | Aug. 19, 2016

Second quarter data shows the industry’s ROA is up quarter-over-quarter but slightly down year-over-year.

By Callahan & Associates | July 4, 2016

Twenty-eight graphs, charts, and maps that evaluate credit union performance in the first quarter of 2016.

By Callahan & Associates | April 30, 2016

A break down of the industry’s financial performance and impact in fourth quarter 2015.

By Callahan & Associates | April 30, 2016

Virginia credit unions set records in loan originations, members, shares, loans, and much more in 2015. More members than ever are choosing Virginia credit unions as their financial institution of choice, driving up penetration metrics and average member relationships across the state.

By Rebecca Wessler | Feb. 1, 2016

This week, CreditUnions.com features five articles showcasing strategies different credit unions use to manage balance sheets and better serve members.

By Callahan & Associates | June 29, 2015

A break down of the industry’s financial performance and impact in 1Q 2015.

By Sam Taft | June 22, 2015

Hard hit during the recession, the Sand States kickoff 2015 with a return to growth.

By Janet Lee | May 4, 2015

Credit unions are increasing their holdings in securities available-for-sale while banks are increasing their holdings in securities held-to-maturity. How do these different strategies relate to price risk?

By Callahan & Associates | April 19, 2015

How do credit unions in Washington stack up against the nation?

By Callahan & Associates | April 7, 2015

A break down of the industry’s financial performance and impact in 4Q 2014.

By Callahan & Associates, Inc. | Feb. 23, 2015

Learn how credit unions performed in fourth quarter 2014 and find new opportunities in today's encouraging economic environment.

Credit unions are keeping their powder dry waiting for rates to rise.

By Callahan & Associates | Jan. 22, 2015

Virginia credit unions have many positive trends working for them as they head into 2015, including excellent loan and membership growth.

By Callahan & Associates | Jan. 22, 2015

A break down of the industry’s financial performance and impact in 3Q 2014.

By Callahan & Associates | Dec. 16, 2014

As of midyear 2014, Texas credit unions were outperforming peers in four major areas.

By Callahan & Associates | Oct. 13, 2014

A break down of the industry’s financial performance and impact in 2Q 2014.

By Janet Lee | Aug. 27, 2014

Income from loan and investments is the driving force behind the quarter’s 1.2% growth in total revenue.

By Callahan & Associates | July 9, 2014

A break down of the industry’s financial performance and impact in 1Q 2014.

By Catherine Siskos | April 11, 2014

Introducing monthly dues was a risky move for Arizona Federal. Yet one year later, the credit union has a more engaged membership as a result.

By Janet Lee | Dec. 19, 2013

Credit unions in the Cornhusker state best national average by 25 basis points.

By Janet Lee | Dec. 10, 2013

Loan interest income increased by 1.7 percentage points while growth in loans and shares surpassed national averages.

By Janet Lee | Nov. 20, 2013

Credit unions increased the net interest margin by 2 basis points in 3Q13, marking the first time in three years that net interest margin rose from the previous quarter.

By Chip Filson | July 17, 2013

The June 30, 2013, update of the U.S. Central Federal Credit Union securities shows that of the total $3.5 billion other-than-temporary-impairment (OTTI) future loss estimates, more than $2.3 billion is still unused.

By Alix Patterson | July 1, 2013

Give employees the knowledge they need to think and act like the business partners they are.

By Alix Patterson | March 29, 2013

By Jay Johnson | Jan. 15, 2013

As consumers examine their financial services options, the credit union approach of putting members’ needs first is opening new opportunities for the industry.

By Mark Reed | Jan. 11, 2013

By Mark Reed | Jan. 9, 2013

By Callahan & Associates | Oct. 22, 2012

Credit unions have turned out solid core business results in 2012.

By Mark Reed | Oct. 9, 2012

Credit unions are weighing opportunities for growth against increased expenses.

By Andrew Bolton | June 11, 2012

Net income soared 20% from the first quarter of 2011 as loan losses declined, according to first quarter 2012 data.

By Rebecca Wessler | Feb. 27, 2012

Credit unions added $6.4 billion in earnings to their bottom lines with another $1.9 billion contributed to the NCUA insurance reserve expenses.

By creditunions.com Media Staff | Feb. 16, 2012

Callahan & Associates’ former CEO sheds light on how credit unions’ financials are faring.

By | Feb. 16, 2012

Callahan & Associates’ former CEO sheds light on how credit unions’ financials are faring.

By Rebecca McClay | Feb. 13, 2012

Tom Dorety, president and CEO of Suncoast Schools Credit Union, and Frank Pollack, president and CEO of Pentagon Federal Credit Union, reflect on 2011 accomplishments and 2012 goals.

By Rebecca McClay | Jan. 30, 2012

The Alabama credit union was primed for a windfall of new members from the area's closing community banks.

By Jeff Greenert | Jan. 16, 2012

Jeff Greenert, senior portfolio manager at VyStar Credit Union, addresses the investment struggles some credit unions are facing.

By Timothy Kolk | Jan. 9, 2012

Scrutinize the different credit card behaviors in your members to better manage your credit card portfolio risk.

By Callahan & Associates | Jan. 1, 2012

3Q 2011 Peer Group Performance Comparison: Distribution of Assets & Institutions Across All Peer Groups, Asset Quality by Peer Group, Distribution of State Performance: YTD Auto Loan Market Share

By Chip Filson | Nov. 21, 2011

The industry is poised to benefit from its growing momentum.

By Rebecca McClay | Oct. 31, 2011

Fort Worth Community Credit Union’s three-year-old program has helped boost its auto loans by 37% in the third quarter.

By Callahan & Associates | Oct. 1, 2011

Credit unions posted strong financial performance in a volatile marketplace.

By Callahan & Associates | Oct. 1, 2011

2Q 2011 Peer Group Performance Comparison: Distribution of all Assets & Institutions Across All Peer Groups, Asset Quality by Peer Group, Distribution of State Performance: YTD Auto Loan Market Share

By Callahan & Associates | Sept. 12, 2011

Increasing income and improving member experience are just two benefits of adding title services to a credit union’s offerings.

By Rebecca McClay | July 25, 2011

Credit Unions top the list of financial institutions that provide the highest yields on checking accounts, a recent survey found.

By Andrew Bolton | July 11, 2011

Credit unions can improve earning interest income.

By Callahan & Associates | July 1, 2011

1Q 2011 Peer Group Performance Comparison: The Consolidated Credit Union Financial Statement, Peer Group Performance Comparison, Distribution of Assets and Institutions Across All Peer Groups, Asset Quality by Peer Group, Distribution of State Performance: YTD Auto Loan Market Share

By Brianne Aiken | June 6, 2011

Amazon took a two-day loss on Lady Gaga’s album sales to increase visibility for its new music service. Should your credit union do the same for new products?

By Lydia Cole | May 30, 2011

The ongoing recovery spurred the nation’s 7,442 credit unions during first quarter 2011. Highlights include improved earnings, dramatic drops in delinquency and charge-offs, and deeper member relationships.

By Andrew Bolton | May 9, 2011

FirstLook credit unions continue to increase their ROA.

By Callahan & Associates | May 5, 2011

10 credit union leaders in revenue per employee.

By Callahan & Associates | April 7, 2011

The top 10 credit union leaders in non-interest income as a percent of total income.

By Callahan & Associates | April 1, 2011

The industry responded to member need in 2010 and positioned itself for the tremendous opportunity for the coming year.

Credit union investment options are limited, so understanding and evaluating all of the tools available is vital.

By Thomas Cullen | March 1, 2011

SEGs represent not only loyal members but also a chance for credit unions to generate valuable relationships.

By Lydia Cole | Feb. 14, 2011

Originations, sales, and growth, oh my!

By Callahan & Associates | Feb. 3, 2011

Higher revenue per employee complements efficiency measures, sustains solid service levels, and protects the security of the institution.

By Rebecca Wessler | Jan. 3, 2011

Credit unions use profitability management to enhance membership value.

By Callahan & Associates | Jan. 1, 2011

As 2010 comes to a close, economic releases are revealing surprising strength in the U.S. economy.

By Nick Connors | Dec. 6, 2010

Credit unions can draft big plans for 2011.

By Callahan & Associates | Oct. 1, 2010

Credit unions are facing an incredible opporunity to be an engine for economic growth in their communities by using record liquidity to refinance member loans.

By Aaron Pugh | Aug. 9, 2010

How can credit unions provide affordable health savings accounts and protect long-term profitability and sustainability?

By Richard Pearson | Aug. 9, 2010

How two credit unions accommodated increased shares and decreased loan demand.

By Nick Connors | Aug. 9, 2010

Second quarter data highlights areas of loan opportunity within an otherwise flat-growth portfolio.

By Alix Patterson | July 19, 2010

Analysts put a different spin on the nation's largest banks releasing some of their provision for loan losses during the 2nd quarter.

By Aaron Pugh | July 9, 2010

How can credit unions use the benefits of the cooperative system to explore new non- interest income opportunities? The answer lies in the CUSO connection.

By Aaron Pugh | July 6, 2010

How can credit unions use the benefits of the cooperative system to connect the dots and green light new non-interest income opportunities? The answer lies in the CUSO connection.

By Callahan & Associates | July 1, 2010

1Q 2010: YTD Credit Union Auto Loan Origination Market Share by State, The Consolidated Credit Union Financial Statement, Peer Group Performance Comparison, Distribution of Assets and Institutions Across all Peer Groups, Asset Quality by Peer Group

By Callahan & Associates | July 1, 2010

During the "Great Recession" credit unions outperformed banks in many areas.

By Callahan & Associates | July 1, 2010

Growing a credit card program is easy in this environment; implementing a program scorecard allows for prudent and profitable growth.

By Chip Filson | June 22, 2010

Signs of recovery are evident, but the need still remains. How can you fill it?

By Nick Connors | June 21, 2010

One-time expenses impacted earnings in 2009, but credit unions' ROA is back on the rise in 2010.

By Chip Filson | June 14, 2010

Credit unions are turning out a collective performance that shows industry success is not skewed by high-achieving outliers.

By Nick Connors | May 31, 2010

Whether it was the dollar amount, where on the call report to report it, or what quarter to record the expense, there is always uncertainty when tracking the NCUSIF Stabilization expense.

By Elliott Kashner | May 17, 2010

Significant improvements to credit unions’ income statements yielded a $1 billion increase in net income over first quarter 2009.

By Nick Connors | May 12, 2010

With over 7,500 credit unions reporting March data in our FirstLook program, the industry as a whole remains in the black for the fourth consecutive quarter.

By Aaron Pugh | May 10, 2010

California’s Arrowhead Credit Union shows a tenacious turnaround, making tough decisions, and running lean and mean in the recovering marketplace.

By Nick Connors | May 3, 2010

The 10 largest credit unions began 2010 in great shape, reporting strong growth, higher ROAs, and increasing capital levels.

By Callahan & Associates | April 1, 2010

Converting opportunity into results is an industry challenge for 2010.

By Callahan & Associates | April 1, 2010

The collective performance of America's 7,710 credit unions in 2009 showed the public why they were granted a separate and distinct operating charter in 1934.

By Alix Patterson | March 16, 2010

We want to make sure the decisions we make are based in reality and as informed as possible, and we want the same for you.

By Elliott Kashner | March 1, 2010

With lingering concerns regarding asset quality, credit unions build their allowances and increase their coverage ratio in 2009.

By Rebecca Wessler | Feb. 19, 2010

A glimpse at the cheer worthy, jeer worthy, and tear worthy stories for the week of February 15, 2010.

By Callahan & Associates | Feb. 18, 2010

3 themes dominated headlines in 2009: lending, asset quality, and earnings. And leaders in each of these categories demonstrate they may have just had the best year ever.

By Lydia Cole | Feb. 8, 2010

Banks spent the last decade drunk but are starting to recover. Credit unions must use their own sobriety to take advantage.

By Mike Philbin | Feb. 1, 2010

Considering notional versus marginal costs is vital for deposit pricing during a period of sustained low interest rates.

By Callahan & Associates | Jan. 1, 2010

3Q 2009: Peer Group Performance Comparison, Distribution of Assets and Institutions Across All Peer Groups, Asset Quality by Peer Group, ROM Scores by Peer Group

By Chris Tissue | Dec. 7, 2009

By Michael J. Sacher | Nov. 23, 2009

A high-level overview of best practices and lessons learned from ALL strategy.

By Nick Connors | Nov. 9, 2009

While one-time expenses and a struggling external market put additional pressure on credit union bottom lines, it may be that time is one of the most important sources of credit union capital.

By Sam Brownell | Oct. 19, 2009

For every characteristic of a credit union’s business model, there is also a data point that should be considered when defining a peer group. Here are three starting points to give you an idea of how you could define your own business model.

By Callahan & Associates | Oct. 1, 2009

Credit unions find ways to meet member needs as many consumers face tight credit conditions.

By Nick Connors | Aug. 31, 2009

Credit unions set new records for loan volume and share growth for the first six months. Even ROA before NCUSIF expenses exceeds 2008 results. Investments total of $268 billion shows there is more capacity for loan growth. All the data is here now!

By ALM First Financial Advisors | Aug. 3, 2009

When it comes to surplus liquidity, these are unprecedented times for credit unions.

By Chip Filson | April 27, 2009

Rather than matching investment losses as incurred, either from payment defaults or bond sales, NCUA has required all credit unions to expense today these loss estimates which go out years into the future. Chip Filson proposes a better solution, one that is consistent with how cooperatives generate capital, that is from future earnings.

By Callahan & Associates | Jan. 1, 2009

3Q 2008: The Consolidated Credit Union Financial Statement, Peer Group Performance Comparison, Distribution of Assets and Institutions Across All Peer Groups, Asset Quality by Peer Group, The Average Credit Union $1B+ in Assets, The CUSP Financial Profile, Callahan's Credit Union Scorecard, 2008 Percentile Rankings for Peer Group and CUs between $250M-$500M in Assets, Credit Unions $1B Or More in Assets, Credit Unions $500M-$1B in Assets, Credit Unions $250M-$500M in Assets, Credit Unions $100M-$250M in Assets, Credit Unions $50M-$100M in Assets, Credit Unions $20M-$50M in Assets, Credit Unions $10M-$20M in Assets

By Chip Filson | Oct. 27, 2008

This Golden Calf metaphor is a theme in literature and art. Consultants even use it to diagnose organizational performance. Is it possible in this time of economic stress, especially among troubled credit unions, that some are worshipping a false god, and that we have taken attention away from the true way out of our difficulties?

By Callahan & Associates | Oct. 1, 2008

2Q 2008: The Consolidated Credit Union Financial Statement, Peer Group Performance Comparison, Distribution of Assets and Institutions Across all Peer Groups, 2008 Percentile Rankings for Cus Between $100M-$250M in Assets, Asset Quality by Peer Group

By Nick Connors | Aug. 11, 2008

One of the most important issues facing credit unions today is capital options. San Francisco Fire CU has developed an innovative solution in the form of their Member Capital Account.

By Chip Filson | July 28, 2008

As the housing and economic crisis continues, financial institutions are at the center of losses due to asset value declines. While both community banks and credit unions are experiencing some “spill over” losses on loans, each has different ways of responding to diminished capital levels.

By Callahan & Associates | July 1, 2008

It is our view that the U.S. economy has entered a recession, probably around the turn of the year. The question is--how deep and how long will the recession be?

By Callahan & Associates | July 1, 2008

1Q 2008: Consolidated Credit Union Financial Statement, Financial Summary, Key Ratios, Peer Group Performance Comparison, Distribution of Assets & Institutions Across All Peer Groups, Asset Quality by Peer Group, Peer Group Consolidated Statement ($1B+), Peer Group Consolidated Statement ($50M-$1B)

By Nick Connors | June 16, 2008

While the average credit union ROA may have slipped in the first quarter of 2008, a little perspective can go a long way.

By Lydia Cole | May 19, 2008

As loan demand remains solid, credit unions are actively managing their liquidity. Borrowings are on the rise, up 74.1% over the past 12 months among credit unions participating in Callahan & Associates’ First Look program.

By Dwight Johnston | March 17, 2008

Financial Solutions Symposium Preview: Dwight Johnston market commentary.

By Jay Johnson | May 28, 2007

Recent headlines about non-prime mortgage programs, credit cards and student loans accentuate the enormous opportunities for credit unions in today’s market.

By Jay Johnson | May 14, 2007

Share growth is picking up as credit union dividends rise at an over 40 percent annual rate. Credit unions seem to be finding lower margins an acceptable trade-off for higher growth.

By Chip Filson | April 16, 2007

If the economic circumstances for the average American are so much more abundant in the first decade of the 21st century, is there still a need for credit unions?

By Landings Credit Union | April 2, 2007

With liquidity returning, now is the time to examine your liquidity strategy and prepare for the next crunch.

By Jay Johnson | Feb. 26, 2007

Year-end results for both credit unions and FDIC-insured institutions reveals that credit unions performed well versus their larger competitors in key categories.

By Jay Johnson | Feb. 12, 2007

Preliminary fourth quarter data from Callahan’s First Look program indicates some surprising results as 2006 came to a close

By Jay Johnson | Jan. 1, 2007

While financial performance remains important, credit unions must now also measure their market performance.

By Carly Spring | Nov. 28, 2005

Rising corporate RUDEness is a sign of a healthy corporate system. Read on to learn the significance and how they are achieving it.