by: Keith Leggett
The National Credit Union Administration (NCUA) painted a bleak outlook for small credit unions in its proposal to raise the asset threshold for small entities to $100 million in assets.
NCUA described these small credit unions with less than $100 million in assets as competitively disadvantaged and generally facing significant challenges.
NCUA compared the performance of federally insured credit unions (FICUs) with less than $100 million in assets to credit unions with more than $100 million in assets between 2001 and 2013 across a number of performance metrics.
NCUA found that smaller credit unions lagged behind the performance of their larger peers across these different measures during this time period.
