First Look Eliminates 'Slow Data'

For several years, First Look data has provided credit union executives across the U.S. with a preliminary glimpse of the most important credit union key ratios and industry trends. It has served to alert users of significant macro changes in industry financials, to confirm expected or anticipated trends, and provide an early broad industry benchmark.

 
 

For several years, First Look data has provided credit union executives across the U.S. with a preliminary glimpse of the most important credit union key ratios and industry trends. It has served to alert users of significant macro changes in industry financials, to confirm expected or anticipated trends, and provide an early broad industry benchmark.

First Look is a free project designed by Callahan & Associates to release critical industry data trends each quarter as soon as credit unions file their 5300 Call Reports. This is the only web-based program that allows early access to credit union industry trends and financial reports, weeks before final data is publicly released by the NCUA. Participating credit unions are able to view all other First Look credit unions' complete financials within 24 hours of Callahan receipt of the 5300 data.

Preliminary industry financials and ratios provided by First Look have provided a very good indication of final data figures. The following table shows the accuracy of the most recent First Look data cycle. The table compares September 2001 key financial ratios of First Look participants to the final industry reported data in Callahan & Associates, Inc. 3rd Quarter Research & Data Report.

Help us eliminate 'slow data'!
December Data is already being reported…


The participation of your credit union is vital to the continued success of First Look. Participation is easy and costs nothing. Just e-mail your credit union's December 31st 5300 data file to us at 5300@callahan.com (this is same 'f5300.txt' file sent to the NCUA). You will be e-mailed a username and password with access to the First Look program on CreditUnions.com.

 

 

 

Jan. 7, 2002


Comments

 
 
 

No comments have been posted yet. Be the first one.