just in for the second half of 2001 reveals that the credit
union industry has maintained a high rate of growth in the share,
loan, and investment categories. The June 30, 2001 growth rates
for share, loans, and investments were 12.2%, 7.6%, and 17.3%
respectively. This high growth rate contributed to the rise
in the level of total industry assets to $484.9 billion, shares
to $422.9 billion, and loans to $314.8 billion.
exhibit provides a listing of the above mentioned ratios and
other key industry trends and ratios. The exhibit also shows
the breakdown for trends between credit unions above and below
$50 million in assets. This grouping of credit union reveals
a noticeable difference in Net Income growth for large credit
unions relative to smaller credit unions in the system which
account for the majority of all credit unions.
to find out how your credit union performed relative to a
specific peer group of your choice, be sure to check out Callahans
latest version of Peer-to-Peer
credit union financial analysis software.