Does credit union size matter? You bet it does. NCUA statistics clearly show that larger institutions enjoy the strategic advantages of increased member growth, loan growth, earnings, more services for members and reduced operating expense ratios.
Regardless of your asset size today, you can achieve thoughtful growth that will improve your results. The recipe for growth is simple: Combine capital, expanded field of membership and non-member deposits.
Capital is the engine for growth. Excess capital, or the ability to access secondary capital, is a necessary first step to fire up growth. Accessible capital allows for asset growth and the ability to attract new members.
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