Credit Union Industry Trends: 1Q2012

Assets hit $1 trillion for the first time as total loans and first mortgage originations hit record levels in the first quarter of 2012.

 
 

Credit unions’ financials are responding to the “flight of the consumer,” says Chip Filson, former CEO of Callahan & Associates, in a recent TrendWatch webinar on industry trends. Credit unions reported an increase in every category except investments in the first quarter of 2012.

“The challenge is how to convert the consumers' state of mind to a long-term advantage,” Filson says. “Credit unions are pro-consumer yet have a market-facing role.”

 

 

 

May 29, 2012

Comments

 
 
 
  • I like the 8 minute format; I think you will get some good traction from this. And the content for 1Q was pretty good as well. I miss being a part of the action.
    Steve Winninger
     
     
     
 

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