It is Turnaround/Makeover week on creditunions.com, and what better way to tie in the data than with a look at how credit unions have “turned around” their financial performance since the Great Recession?
In 2008, eight states posted negative ROA, with Arizona being the lowest, at -1.92%. The ROA for the nation was -0.02%. At the end of 2012, all states posted a positive ROA, with Arizona now having the highest ROA at 1.39%.
CHANGE IN ROA BY STATE – 2008 VS. 2012
DATA AS OF DECEMBER 31, 2012
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