Financial Performance

Net Worth

By Aaron Passman | Feb. 7, 2022

A focus on reining in costs and changing organizational culture have transformed the Ohio-based institution.

By Sherry Virden | Nov. 15, 2021

Credit union success on the balance sheet and income statement in the third quarter is creating new opportunities for future impact.

By William Hunt | May 17, 2021

The lasting effects of the COVID-19 pandemic — and the national economic response to it — linger on credit union financial statements.

 

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By Michael Zelna | Dec. 14, 2020

Concerned with cooperative values and not stock prices, credit unions have sacrificed short-term earnings to bolster reserves and give members a break on fees.

By Michael Zelna | Dec. 14, 2020

Credit unions in the West reported the largest decline in ROA. See what else has happened across the United States.

By Aman Johal | Sept. 30, 2020

Due to economic lockdowns and government relief efforts, in the second quarter financial institutions had to develop creative strategies to generate revenue.

By William Hunt | June 30, 2020

A locked-down economy combined with volatile changes in monetary policy put lenders in a difficult position in the first quarter of 2020, as total revenue growth slowed as sources of income shifted away from interest-driven streams.

By William Hunt | April 16, 2020

General uncertainty regarding the interest rate environment made it difficult for institutions to accurately price deposit and loan products, which is reflected in year-end income statements.

By Samantha Cristobal | Dec. 30, 2019

Credit unions report improved earnings following 2018 rate cuts. However, increased expenses put downward pressure on margins.

By Rebecca Wessler | Oct. 24, 2016

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