Benefits, Investments, Liquidity, And More

Five can’t-miss data points this week on CreditUnions.com.

 
 

This week, CreditUnions.com shows how three credit unions are attracting new talent, how KeyPoint in California makes millions on its investments, and asks if the credit union industry is too loaned out.

Here are five can't-miss data points:

4.1%

One month after the signing of the Tax Cuts and Jobs Act, which cut the corporate tax rate from 35% to 21% — more than 270 companies had announced wage and salary increases, bonuses, or 401(k) match increases. And while corporate tax cuts might be a catalyst, another factor driving this newfound largesse is the job market itself. The unemployment rate held steady at 4.1% in January and demand for workers is on the rise.

See how credit unions are attracting talent in "A Brave New World Of Benefits."

 

 

$7.2 Million

KeyPoint Credit Union consistently ranks among the top performers nationally in terms of yield on investments, and its 4.59% yield in the fourth quarter of 2017 placed it sixth among the 2,590 credit unions of more than $50 million in assets. For the year, KeyPoint made $7.2 million on its investments from its $162.8 million portfolio.

Learn more in "How KeyPoint Made $7.2 Million On Investments In 2017."

$468.3 Billion

Total real estate loan balances increased 9.7% in the past year to reach $468.3 billion as of Sept. 30, 2017. At 82.5% of the real estate lending portfolio, first mortgage balances totaled $386.5 billion, up 10.6% year-over-year.

Learn more about this portfolio in "Mortgage Lending By The Numbers."

82.5%

The credit union industry’s loan-to-share ratio peaked at 83.7% in the third quarter of 2008. After the Great Recession, the movement’s loan-to-share ratio dropped — dipping all the way to 65.9% in the third quarter of 2013. Since then, however, the ratio has gradually rebounded and hit 82.5% at year-end 2017.

"Are Credit Unions Too Loaned Out?" Learn more.

99%

Callahan collects quarterly performance data from individual credit unions and allows institutions to run reports in Peer-to-Peer weeks before the full data set is available. With more than 99% of the industry's assets now reporting fourth quarter numbers, Callahan’s analyst team has been able to identify industry trends and success stories from the last three months of the year.

Click here for the latest in year-end data.

Happy Reading!

 

Feb. 20, 2018


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