How Tom Glatt’s HealthScore System uncovers your credit union’s vital signs

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.

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