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

Credit union earnings rebounded toward the end of the year as industry players find a way to adapt their business models to a changing economic landscape.

Spread analysis deconstructs credit union earnings to gauge the health of an institution and its broader industry.

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.

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

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

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.

The longest economic expansionary period in U.S. history has come to an end. What else should credit unions know at first quarter?

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.

Despite a slow first quarter, the industry reported strong growth across core financials in the past 12 months. What else should credit unions know at fourth quarter?