Graph of the Week: Efficiency Ratio


The efficiency ratio uses operating expense as a measure for productivity; showing how much your credit union is spending I order to earn a dollar of revenue. At year-end 2008, the average efficiency ratio reported was 92.4%; an increase driven by the declining net interest income as credit unions more than doubled their provisions for loan losses from the previous year. Another key measure of efficiency is the average operating expense ratio, which stood at 3.38% as of December 31, 2008. Can an emphasis on growth or productivity be more realistic than cutting costs?




May 18, 2009


  • I am Getachew from Mekelle University, Ethiopia one of the student in Coopeartive Marketing in the Masters program, I am looking for Credit union efficiency Performance indicators to do my Thesis Research. Please if you have any assist me.


    Getachew Mergia