Financial Performance

Top 10 Credit Union Auditing/CPA Firms

By law, credit unions at a certain asset threshold must engage an outside CPA firm for an annual audit. But an inspection of today’s modern credit union includes much more than bean counting.

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Farming For Autos

New economic realities pushed SouthPoint Financial to expand into other segments of its loan portfolio. Here’s how it handled the exponential growth that followed.

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Industry Insights

Borrowings Increase 11.7% In Second Quarter

A breakdown of the borrowings portfolio explains double-digit growth that’s highest since 2015.
Features

Top 10 Credit Union Auditing/CPA Firms

By law, credit unions at a certain asset threshold must engage an outside CPA firm for an annual audit. But an inspection of today’s modern ...
Industry Insights

Interest Margin Expands For The Fifth Quarter

The net interest margin at credit unions nationwide increased as interest income expanded more than $3 billion in the past year.
Industry Insights

Lending By The Numbers (1Q18)

First quarter lending at credit unions contributed to an expanding balance sheet.
Features

The Countdown To CECL Has Begun

Future losses will soon be part of the equation for calculating reserves, and there’s much work to be done.
Industry Insights

The Industry At-A-Glance, A New Branch Concept, What’s In A Name

Five can’t-miss data points this week on CreditUnions.com.
Features

Macro-Economic And Industry Trends (1Q18)

What credit unions need to know about members, lending, asset quality, share balances, and more at first quarter 2018.
Industry Insights

State In The Spotlight: Vermont

Despite numbering only 19, credit unions in Vermont turned out an impressive performance.
Industry Insights

Credit Union Industry At-A-Glance (1Q18)

Credit unions added 4.7 million net new members in the past 12 months, and the NCUA’s equity distribution helped push ROA to 0.90%. What else ...
Features

Farming For Autos

New economic realities pushed SouthPoint Financial to expand into other segments of its loan portfolio. Here’s how it handled the exponential growth that followed.
Map of the United States showing the number of CDFI‑designated credit unions in each state.

CDFIs By The Numbers

CDFI credit unions might be fewer in number, but their impact reaches millions of members, and their footprint highlights how targeted mission can translate into broad, measurable reach.

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