Which credit union reported the highest loan-to-share ratio as of third quarter?

 
 

According to the preliminary third quarter data from Callahan & Associates’ First Look program, credit unions reported 69.7% in loan-to-share ratio as of September 30, 2013. This is up nearly 2 percentage points from 67.9% reported in the previous September. Like the previous quarter, the third quarter also saw loan growth outpacing share growth at credit unions over the 12-months period. As of September 2013, loan growth at credit unions reached 7.44% (versus 4.87% in September 2012) while share growth stood at 4.72% (versus 6.89% in September 2012).

Among credit unions over $20 million in assets, Progressive($616.8M, New York, NY) had the highest loan-to-share ratio as of third quarter 2013. The credit union which specializes in high-balance taxi medallion loans reported that its total loan balance is nearly twice the size of its total share balance as of third quarter 2013. IC($496.0M, Fitchburg, MA) came in second with 124.3% in loan-to-share ratio.

LeaderS in loan-to-share ratio
Data As of September 30, 2013 for Credit Unions over $20M in Assets
© Callahan & Associates | www.creditunions.com

  Credit Union State Loan-to-Share Ratio Loans Shares Total Assets
1 Progressive NY 197.38% $566,878,128 $287,200,134 $616,780,400
2 IC MA 124.31% $434,980,453 $349,928,543 $495,945,069
3 San Antonio TX 122.97% $2,647,409,332 $2,152,935,765 $2,837,048,302
4 Pawtucket RI 120.03% $1,333,373,177 $1,110,821,454 $1,511,288,045
5 Pentagon VA 118.35% $14,857,179,691 $12,553,304,608 $16,510,849,549
6 Sharonview SC 116.67% $864,365,672 $740,849,817 $1,046,695,007
7 Rockland MA 116.51% $1,161,452,996 $996,868,670 $1,247,007,871
8 Melrose NY 116.20% $1,700,737,567 $1,463,614,511 $1,868,541,217
9 University Of Iowa Community IA 113.31% $1,872,942,503 $1,652,951,153 $2,074,755,102
10 Mid American KS 113.27% $200,824,833 $177,295,528 $219,677,512

Source: Callahan & Associates’ Peer-to-Peer Analytics
 

 
 

Nov. 12, 2013


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