Callahan Publications | CreditUnions.com | Data & Insights For Credit Unions

Anatomy Of Clearwater Credit Union

Admin — Thu, 18 Aug 2022 16:00:57 +0000

Clearwater Credit Union ($899.0M, Missoula, MT) takes its name from the pristine waters that crisscross the state. Like a swelling river, Clearwater has expanded from three counties to 20 across the western side of the state during the past decade and has become one of the nation’s top-performing credit unions by nearly every performance metric. CEO Jack Lawson attributes Clearwater’s success to the credit union’s move to values-based banking in 2017. Clearwater’s strategy is to rise above the competition in the crowded Montana market with a strong commitment to environmental protection, financial inclusion, member centricity, and full transparency.

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Banking On Values In A Crowded Montana Market
Clearwater Credit Union is growing rapidly by embracing values-based banking and characteristics of life unique to Big Sky Country.
By E.C. Harrison

Low Emissions, Big Impact
An emphasis on reducing its carbon footprint is just one part of Clearwater Credit Union’s multifaceted community-impact strategy.
By E.C. Harrison

Clearwater Credit Union: What’s In A Brand?
Clearwater Credit Union leaders look back on their credit union’s history and branding and reflect on the path that led to where they are today.
By E.C. Harrison

Clearwater Embraces Its CDFI Status
Leaders of the Montana cooperative discuss the importance of the credit union’s certification as a community development financial institution and how that status dovetails with the institution’s broader mission.
By E.C. Harrison

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2022 Supplier Market Share Guide: Credit Union Auditors

Admin — Fri, 12 Aug 2022 05:46:51 +0000

Callahan Associates 2022 Supplier Market Share Guide: Credit Union Auditors is the industry’s only publication designed specifically to help credit unions understand the auditor market and choose a CPA partner.
This comprehensive guide contains:

Best practices and insights from leaders in the field.
Macro and micro-level market share analysis to uncover which firms are most active in different states and across the nation.
Information on which firms serve a variety of credit union sizes.
Assessments on what overlap exists between auditing firms and specific data processing systems.
Contact information for CPA firms and other auditing-related resources.

Callahan Associates compiled the data in this publication using credit union 5300 Call Report data through first quarter 2022 and individual CPA audits conducted between July 1, 2021, and June 30, 2022. In some cases, Callahan also compared information against responses collected for previous editions of the Supplier Market Share Guide: Credit Union Auditors.
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Anatomy Of SECU Foundation

Admin — Wed, 20 Apr 2022 06:55:38 +0000

Since its launch, small monthly contributions from members of North Carolina’s State Employees’ Credit Union have helped fuel more than $216 million in total giving from the SECU Foundation. Just like its parent institution, it’s a mission-driven organization with a mandate to make a difference across the state, and it’s been living that purpose for nearly two decades.

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What A Difference A Dollar Makes
The SECU Foundation from North Carolina-based State Employees’ Credit Union has made a name for itself by homing in on key areas where it can have an impact across the state. The philanthropy’s biggest success, however, might be the buy-in it gets from members.
By Aaron Passman

How COVID-19 Pushed The SECU Foundation Out Of Its Comfort Zone
More targeted giving and other changes helped the foundation make a bigger difference in the lives of North Carolinians — especially those in rural and low-income communities. Aaron Passman

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Anatomy Of VSECU

Admin — Tue, 15 Feb 2022 16:47:16 +0000

VSECU (Vermont State Employees Credit Union) is setting itself apart from other financial institutions operating in Vermont and beyond. Described as the greenest credit union in the country, the cooperative’s green lending program promotes renewable resources and energy efficiency to create a more sustainable, affordable future for members. But the credit union’s optimistic vision for the future doesn’t stop with lending; it also supports causes such as hunger relief, local cooperative businesses, winter heating discounts, medical cannabis banking, and immigrant resettlement.

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VSECU Eyes A Green Future In Vermont
Energy lending, community impact programs, medical cannabis banking, and more have helped VSECU cross $1 billion in assets as it reaches its 75th anniversary.
By E.C. Harrison

The Brave New World Of Green Lending
Energy efficiency loans, zero-carbon goals, underwriting, and strategic partnerships drive lending growth at VSECU.
By E.C. Harrison

Making A Community Impact In Vermont And Beyond
Member-directed giving, values-based programs, and the cooperative spirit all guide VSECU’s efforts to leave a positive impact on its community.
By E.C. Harrison

10 Ways VSECU Embraces Community Impact
From lending off the grid to feeding appetites and wallets and much more in between VSECU supports quality of life for members, business, and communities across the state of Vermont.
By E.C. Harrison

The COVID Crisis Then And Now
Inside VSECU’s pandemic response effort and remote working strategy
By E.C. Harrison

The Budding Cannabis Market In The Green Mountain State
After stepping up to serve medical marijuana dispensaries, VSECU is positioned to lead the state in banking services for an explosion in recreational sales.
By E.C. Harrison

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Download Credit Union Strategy & Performance

Callahan & Associates — Fri, 28 Jan 2022 18:57:00 +0000

CREDIT UNION STRATEGY & PERFORMANCE

Anatomy Of Utah First FCU

Erik Payne — Wed, 01 Sep 2021 05:00:17 +0000

Utah First FCU is a mid-size cooperative that does its business in one of the most competitive markets for financial services in the country. To differentiate itself among peers, the credit union has tailored its products, services, and training to better serve a blue-water population of members, those accustomed to hearing no from other financial institutions. This strategy allows Utah First to reach more members in its local markets and sets the cooperative on a path toward self-sustaining success.

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The Art Of Saying Yes
Utah First FCU tailors its products and services to a population accustomed to hearing no from other financial services providers.
By Erik Payne

Make It Work
Nine data points help explain where Utah First focuses.
By Erik Payne

The Self-Sustaining Wheel Of Success
Lending to members with colorful credit helps Utah First extend its reach in local markets.
By Erik Payne

How Do You Measure A Year In Training?
Utah First requires front-line staff members to complete 104 hours of training every year. Third-party courses and the internally developed Mission University provide avenues for development.
By Erik Payne

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2021 Supplier Market Share Guide: Credit Union Auditors

Callahan & Associates — Sun, 01 Aug 2021 07:32:49 +0000

Callahan Associates2021 Supplier Market Share Guide: Credit Union Auditors is the industry’s only publication designed specifically to help credit unions understand the auditor market and choose a CPA partner.

This comprehensive guide contains:

Best practices and insights from leaders in the field.
Macro and micro-level market share analysis to uncover which firms are most active in different states and across the nation.
Information on which firms serve a variety of credit union sizes.
Assessments on what overlap exists between auditing firms and specific data processing systems.
Contact information for CPA firms and other auditing-related resources.

Callahan Associates compiled the data in this publication using credit union 5300 Call Report data through first quarter 2021 and individual CPA audits conducted between July 1, 2020, and June 30, 2021. In some cases, Callahan also compared information against responses collected for previous editions of the Supplier Market Share Guide: Credit Union Auditors.

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Anatomy Of American 1 Credit Union

Erik Payne — Thu, 01 Jul 2021 05:00:28 +0000

American 1 Credit Union is a mid-size cooperative that calls home to the blue-collar, mid-Michigan city Jackson. The credit union has tailored its operations to meet the needs of its membership, orienting its people and processes to provide three essential services: checking accounts, auto loans, and credit cards. It’s a clear organizational focus and the credit union does it well. But as American 1 looks to double in size by the end of the decade, how will it change its operations to meet that goal?

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1 Credit Union To Serve Them All
American 1 Credit Union provides essential financial products to a blue-collar membership. The mid-size Michigan cooperative aims to double in size in the next decade, so how will it change its operations to reach that goal?
By Erik Payne

How Does American 1 Make It Work?
Nine data points tell the story of a turbulent 2020.
By Erik Payne

The Driving Force Behind American 1’s Auto Lending
Nearly two-thirds of the credit union’s loans have four wheels. What are the keys to success for this mid-size Michigan cooperative?
By Erik Payne

Diversity Begins With Inclusivity At American 1
The mid-Michigan credit union is refining hiring practices and tapping employees to help build a workplace where people feel included and heard.
By Marc Rapport

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Anatomy Of GreenState Credit Union

Erik Payne — Thu, 01 Apr 2021 05:00:47 +0000

GreenState Credit Union is the largest credit union in the state of Iowa. For the past two decades, the credit union has grown immensely despite the best, public efforts from financial adversaries due to its lending focus and lean operations. But for all the success, further potential exists, and the Hawkeye State cooperative is making further investments to reach greater heights.

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Grow Big Or Go Home
Lean operations and superior staff help Iowa’s GreenState Credit Union achieve impressive growth despite adversaries’ best efforts.
By Erik Payne

What Does It Mean To Run Lean?
Ten data points illustrate GreenState Credit Union’s approach to operations.
By Erik Payne

A Lean, Green Lending Machine
Iowa’s largest credit union has spent nearly two decades becoming the state’s go-to-lender. How did it get here? And what comes next?
By Erik Payne

4 Areas Of Opportunity For GreenState Credit Union
The Iowa cooperative has had to address plenty of hurdles on the road to becoming the largest financial cooperative in the Hawkeye State. As it looks ahead, more stand out.
By Erik Payne

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Annual Credit Union Directory — Vol. 36

Callahan & Associates — Thu, 01 Apr 2021 05:00:24 +0000

img src=”https://www.creditunions.com/assets/1/7/2021_Credit_Union_Directory_COVER.JPG”

36 Years Of Helping Credit Unions Thrive

For more than 35 years, thousands of credit unions have trusted Callahan & Associates to provide comparative analysis and strategic insight. Our 35th year was nothing like the previous 34. While the COVID-19 pandemic forced us all to rethink how we do business, we are proud of how the industry rose to the occasion to meet the evolving needs of members.

View/Download The Directory (PDF)

Industry Performance

In addition to the Consolidated Credit Union Financial Statement, find nearly 50 overview graphs and 25 credit union leader tables for metrics such as members, loans, shares, investments, earnings, productivity, and more.

Industry Participants

This section includes financial profiles, leader tables, and contact information for corporate credit unions, CUSOs, regulators, and leagues & associations.

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State Of The States

State performance rankings, credit union numbers by state, mergers and liquidation data, name changes, credit union contact information by state, and more compose the State Of The States section.

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Buyer’s Guide

Looking for the right vendor partner? The Buyer’s Guide section has you covered. From payments and delivery channels to marketing and professional services, the Buyer’s Guide lists company names and contact information for hundreds of credit union suppliers, including your next partner.

View/Download (PDF)

Return to the credit union Directory archive

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