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At year-end, 1,029 credit unions reported loan participation activity with over 7.4 billion in participations outstanding.
Is there a strong correlation between above industry average share growth and share draft penetration? Within top five states in share draft accounts per member, it seems to be so.
Service revenue is growing. For all credit unions, service revenue grew by 13.53 % from last year. Callahan compiled data on service revenue sources from 76 credit unions, representing over 12% of the industry’s assets.
Chip Filson provided an analysis of the past year accompanied by two firsthand case studies and an economic overview in last week’s year-end Trendwatch call.
Over the past year interest rates have been on the rise, but quarterly loan yields have continued to fall. What should credit unions expect in the coming year?
Loan production is pushing the loan to share ratio upward. Will shares support this growth? Perhaps. But credit union managers are redefining growth strategies to extend credit to more of its membership.
We looked at the past ten years of performance and the fourth quarter data for the top ten credit unions to predict what the industry should expect in the next decade.
Quarterly ROA rose to six basis points to reach 98 basis points in the third quarter. The rise is partially attributed to many credit unions creating efficiencies within their organization and expanding non-interest income opportunities to grow revenue.
Second mortgage and home equity line of credit (HELOC) product lines increased in the third quarter. Find out what contributed to the growth and the projected future impact.
Loan growth during the third quarter pushed forward while share growth lagged behind, according to Callahan's First Look project. Find out what the results indicate for the entire industry.