Credit union executives wanting to find data about the performance of banks can consult data that is now included in Callahan & Associates' Peer-to-Peer software.
The data includes built-in credit union-bank comparison sets, performance evaluations of local community banks and their individual branches, and customized bank/credit union peer groups within specific, tailored markets.
It includes access to financial performance data from more than 7,000 U.S. commercial banks and draws upon five years of quarterly FDIC bank records.
"This new access enables credit unions to compare their own financial performance in multiple contexts and against similar metrics available in the FDIC call report for banks," said Scott Patterson, vice president of Callahan Analytics. "Users benefit from Peer-to-Peer's rigorous, highly-customized analysis when determining their strategic direction. This advanced tool also helps them more effectively communicate with board members and other key stakeholders."
The Washington, D.C.-based consulting firm said the upgraded software has easy
access to analyze complete credit union Call Report data as well as a keyword financial search engine; automatic update capabilities; simple, multiple-chart PowerPoint file export; and expanded access to 10 years of credit union statistics, including Callahan's FirstLook program integration-now analyzing year-end fourth quarter 2010 performance trends.