Return on assets (ROA) is a powerful metric that helps credit union leaders determine how efficiently their institution is generating income from its available assets. Examining ROA from a regional perspective illuminates the extent to which credit unions in different parts of the country have been affected by the COVID-19 pandemic and the resulting economic chaos.
The following analysis is based on performance data from credit unions in regions designated by United States Census data. Those regions are:
- Mid-Atlantic NJ, NY, PA
- Midwest IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI
- Northeast CT, MA, ME, NH, NJ, NY, PA, RI, VT
- South AL, AR, DE, FL, GA, KY, LA, MD, MS, NC, OK, SC, TN, TX, VA, WV
- West AK, AZ, CA, CO, HI, ID, MT, NM, NV, OR, UT, WA, WY