Register to read, research, and engage with the industry on CreditUnions.com. Gain access to credit union performance analysis, case studies, and more. It's free to create an account.
Learn More About Peer-to-Peer
Upgrade Your Subscription
Update Your Company Affiliation
A Senior Examiner presented the Agency’s latest slide deck on the state of the credit union system and the focus of upcoming exams. One CEO, due for an exam, wrote me in reaction to the slides.
How two credit unions accommodated increased shares and decreased loan demand.
1Q 2010: YTD Credit Union Auto Loan Origination Market Share by State, The Consolidated Credit Union Financial Statement, Peer Group Performance Comparison, Distribution of Assets and Institutions Across all Peer Groups, Asset Quality by Peer Group
Sign up for the CreditUnions.com free newsletter and be the first to read our newest coverage of credit union strategies and insights.
sign up today
Credit unions are turning out a collective performance that shows industry success is not skewed by high-achieving outliers.
Patelco and GTE manage expenses and asset quality to earn their way back.
Arizona State Credit Union CEO, Dave Doss talks about how the credit union saw trouble in 2008 and in turn began to tighten its belt early.
Credit unions ended 2009 with record share growth and loan originations, positioning the industry for success heading into 2010, even as other lenders return to the market.
3Q 2009: Peer Group Performance Comparison, Distribution of Assets and Institutions Across All Peer Groups, Asset Quality by Peer Group, ROM Scores by Peer Group
Insurance funds like the FDIC were set up to pay off relatively small claims, not solve problems during systemic failure. NCUSIF in 1984 and the CLF were set up differently, with capital. The financing now facing credit unions is best solved not with an “insurance” mindset but a capital one.
During the financial crisis, credit unions have risen to the top as the industry’s most resilient sector. Their robust loan programs have contributed mightily to the nation’s nascent recovery. But at a time when the Obama administration’s economic priority is making more credit available, credit unions could do more … if policymakers were to provide access to the resources that would allow them to grow, not shrink.