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Credit unions in the Mid-Atlantic reported faster MBL growth than credit unions outside the region. In what other areas did these Mid-Atlantic cooperatives excel?
Contextualizing costs based on location can make a big difference when analyzing the bottom line.
The percent of revenue going toward employee compensation is reversing trend.
Credit unions generate income in a multitude of ways to stay competitive in a narrowing margin environment.
Check out this leader table to see which credit unions beat the industry average.
The national average for each of these six mighty metrics is less than 10 percentage points, but even a change of a few basis points can make a big difference to a credit union.
Metrics to evaluate credit union marketing spend and bridge the gap between macro trends and micro performance.
Besting national averages across various penetration and efficiency rates, financial cooperatives in the Keystone State are efficiently serving members and expanding books of business with their current staffing models.
The Memphis credit union has improved retention, electronic services, and accounts per household by delivering the right messages to the right members.
The benefits are endless!