WASHINGTON - Even as margins continue to be tight and return onassets (ROA) are on the decline for credit unions, there are somethat are managing to hold their own. In 2004, the industry'soperating expense-to-average asset ratio fell two basis points to3.21%, according to Callahan & Associates, Inc. During the sameperiod, net interest margin has declined from 3.42% to 3.32%resulting in the industry's ROA declining eight basis points to 92basis points. The following credit unions with assets over $50million are among the top leaders in operating expense ratio andROA. [email protected]
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
