First Look: A Sneak Peak at 2nd Quarter Trends

Callahan's First Look is underway with over 244 credit union participants already showing a sneak preview of the 2nd quarter trends. Read the full article for a preview of 2nd quarter data!

 
 

Callahan's First Look is underway with its participants showing a sneak preview of the 2nd quarter trends. Current First Look credit unions represent 24.27% of total industry assets at December 2001. They hold 25.07% of total loans and 24.26% of total shares. Furthermore, of the 62 billion dollar credit unions, 33 are already participating in First Look and there are 150 credit unions with assets of greater than $100 million.

With a share growth of 15.97%, credit unions are continuing to perform well, and there is a sharp increase in loan growth. Preliminary data shows that loan growth is at 11.22%. Credit unions are also increasing their membership, as shown by the growth rate of 4.30%. In addition, First Look participants have a net worth to assets ratio of 10.25% and an ROA of 1.21%. The chart below lists this data as well as previews to some other 2nd quarter trends.

 

 

 

July 29, 2002


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