The continuation of a low interest rate environment and rapid-fire legislative changes have kept financial institutions on their toes in the search for sustainable non-asset-based income solutions. The potential effects of the Durbin Amendment may impact the non-interest income strategies of some institutions, but the cooperative system has a number of ways to develop or pioneer new income opportunities, including operational sources and CUSO income.
A higher percentage of non-interest income in relation to total income may indicate a higher reliance on income generated from areas other than asset-based sources such as interest on loans and investments. The ratio is most influenced by three strategic decisions: the credit union's lending philosophy, the credit union's philosophy toward spread management, and the credit union’s emphasis on developing non-balance sheet forms of income.
These 10 credit unions ($20 million + in assets) lead their peers in the development of non-interest income in relation to their overall income.
| Leaders In Non-Interest Income |
| For All U.S. Credit Unions $20M+ in Assets | Data as of 4Q 2010 |
| 1 |
FL |
Financial |
56.47% |
55.36% |
2.01% |
| 2 |
CT |
New Haven County |
56.29% |
55.44% |
1.53% |
| 3 |
TN |
Methodist Healthcare |
54.29% |
51.22% |
5.99% |
| 4 |
TN |
First South |
53.49% |
46.70% |
14.54% |
| 5 |
MO |
St. Louis Community |
53.08% |
49.25% |
7.78% |
| 6 |
MD |
Market USA |
52.73% |
50.75% |
3.90% |
| 7 |
NY |
ACTORS |
52.23% |
55.32% |
-5.59% |
| 8 |
CT |
First New England |
51.97% |
55.13% |
-5.73% |
| 9 |
MO |
Kansas City |
51.68% |
41.84% |
23.52% |
| 10 |
GA |
CGR |
51.55% |
48.35% |
6.62% |
| Source: Callahan & Associates' Peer-to-Peer Software. |