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Callahan hosting free third quarter credit union data trends webinar this week

WASHINGTON, DC (November 14, 2016) — Callahan & Associates will host its quarterly credit union data trends webinar, Trendwatch, on Wednesday, November 16 at 2:00 p.m. ET and Thursday, November 17 at 11:30 a.m. ET. Covering third quarter data trends, the event is free to anyone involved in the credit union industry.

This industry-wide webinar will cover the latest happenings in the national economy presented by Goldman Sachs and a high-level overview of the credit union balance sheet, loan portfolio, product penetration, and member relationships based on 3Q data.

Highlights to be featured in the webinar include:

Asset and Share Growth: Year-over-year asset growth is projected to reach 8.4 percent and share growth is slated to reach 8.7 percent. These are the highest growth rates since 2009.
Loan Growth: 3Q 2016 will be the ninth consecutive quarter the credit union industry posts double-digital loan growth, projected to stand at 10.2 percent.
Members: Credit unions continue to see success attracting members to the cooperative movement. Member growth rates held in line with the second quarter at 3.8 percent and the average member relationship is projected to increase 5.1 percent year-over-year to $17,552.
Overall Health: The credit union industry continues to be vibrant and healthy. Delinquency rates decreased 1 basis point year-over-year.

During the webinar, Callahan & Associates will be joined by Deb Vollmer, senior vice president of branch services at Langley Federal Credit Union (Newport News, Virginia). She’ll share the success of Langley’s Essential Checking and Essential Savings products which were designed to help serve members who wouldn’t normally have access to traditional retail financial service products because of credit history.

Click here to register for Wednesday, November 16 at 2:00 p.m. ET and here for Thursday, November 17 at 11:30 a.m. ET.

About Callahan & Associates

For more than 35 years, Callahan & Associates has helped credit union leaders identify strategic growth opportunities that increase member value. We create meaningful dialogue, connect people, provide counsel, and help organizations thrive through our competitive analytics, best-practice media, leadership consulting, and collaborative ventures. Our clients grow assets, members, shares, and loans faster than industry averages. Learn more at www.callahan.com.