Financial Performance

Income

By Aaron Passman | June 20, 2022

Strong loan growth combined with increased investment and fee income helped propel credit union net income during the first quarter.

By Marc Rapport | April 25, 2022

United FCU offers support by reducing overdraft and NSF fees; Amplify flat-out eliminates them.

By Aaron Passman | Feb. 7, 2022

A focus on reining in costs and changing organizational culture have transformed the Ohio-based institution.

 

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By Sherry Virden | Nov. 15, 2021

Credit union success on the balance sheet and income statement in the third quarter is creating new opportunities for future impact.

By William Hunt | May 17, 2021

The lasting effects of the COVID-19 pandemic — and the national economic response to it — linger on credit union financial statements.

By Aman Johal | April 19, 2021

Credit union earnings rebounded toward the end of the year as industry players find a way to adapt their business models to a changing economic landscape.

By Michael Zelna | Dec. 14, 2020

Concerned with cooperative values and not stock prices, credit unions have sacrificed short-term earnings to bolster reserves and give members a break on fees.

By Aman Johal | Sept. 30, 2020

Due to economic lockdowns and government relief efforts, in the second quarter financial institutions had to develop creative strategies to generate revenue.

By William Hunt | Aug. 13, 2020

With second quarter data now available, COVID-19’s impact on industrywide metrics is more apparent. Discover how credit union balance sheets are shifting and other key insights from Callahan’s quarterly webinar.

By William Hunt | June 30, 2020

A locked-down economy combined with volatile changes in monetary policy put lenders in a difficult position in the first quarter of 2020, as total revenue growth slowed as sources of income shifted away from interest-driven streams.