In Callahan's quarterly Trend Watch call reviewing the complete
September 30, 2002 call reports, we will explore what credit unions
are doing to succeed in a zero % financing environment.
This is the first September quarter in which all credit
unions have filed call reports. A full snapshot of the industry's
key trends and ratios will be given. While several traditional ratios
and concepts have become skewed in this new era, some golden opportunities
are also present.