Year-end review: 5 benchmarks to evaluate your credit union’s health
As the fiscal year comes to a close, it presents a golden opportunity for your credit union to thoroughly assess not only the current direction of the organization but also its overall well-being and solidity.
However, achieving significant and impactful change goes beyond a superficial overview of your performance. To truly transform and enhance your credit union, it is essential to delve deep into the metrics that provide a comprehensive understanding of your current standing and the potential for improvement.
Credit union industry statistics
While each credit union has its own distinct characteristics, it is crucial for you to stay informed about the overall performance of the credit union industry as a whole.
All information can be found in the NCUA quarterly credit union report here.
continue reading »