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Five can't-miss data points featured this week on CreditUnions.com.
Interchange income at credit unions swaps places with punitive fees as a growing driver of industry revenue.
Interest on loans drive the income train, but other revenue streams are steaming along.
Star One Credit Union and Dow Chemical Employees Credit Union posted impressive dividend numbers in the second quarter of 2017.
The movement’s investment portfolio in the first quarter remains liquid for lending and buffers against rising interest rates.
The percent of revenue going toward employee compensation is reversing trend.
Credit unions generate income in a multitude of ways to stay competitive in a narrowing margin environment.
Callahan data shows there is a growing reliance on NII in keeping credit unions surviving and thriving.
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.
The benefits are endless!