Glatt Consulting's Tom Glatt literally has the pulse of the industry in his hands. Tom has created the Credit Union Industry HealthScore, which is a composite financial performance score reflecting the financial health of US-based credit unions. His HealthScore system calculates overall credit union health by scoring/grading credit union performance across 11 different key ratios including Net Worth, ROAA, Operating Expense, Efficiency, Charge-Off, Delinquency, Loans, Deposits, Loan-to-Share, Asset Growth, and Membership Growth. Grading is based on a five-point scale, with 0 reflecting poor health and 5 reflecting exceptional health.
Tom releases a new HealthScore each quarter, which is used by his firm Glatt Consulting, individual credit unions, and media professionals to track, report on, and respond to industry-wide trends affecting credit union health.
