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Aman Johal is an industry analyst at Callahan & Associates. His duties include helping the analyst team assess credit union industry performance data and contributing to CreditUnions.com and quarterly Callahan publications. Prior to his current position, Aman interned at Callahan on both the administrative and analyst teams, and at The Sharma Law Office, an immigration law practice. He graduated from The George Washington University with a double major in economics and mathematics and a minor in statistics.
The decade ends with the three most productive lending quarters in the history of the credit union movement. Plus, more can’t-miss insights from Callahan’s quarterly webinar.
Despite slowing balance sheet growth, loan production picked up in the second half of the year, as the industry posted a record setting quarter in the three months ending September 2019.
Third quarter lending performance rebounds from a slow first half of the year.
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Despite mixed signals to end the year, signs do point to a strong economy to begin 2020. What else should credit unions know at third quarter?
As employee productivity rises industrywide, so, too, does compensation.