The 2012 Temporary Corporate Credit Union Stabilization Fund assessment of 9.5 basis points of insured shares will reduce annualized return on average assets for federally insured credit unions an estimated 8 basis points industry wide, to 0.81%, the NCUA said during its monthly board meeting July 24.
Kentucky credit unions’ key financial indicators are positive, yet conservative. The latest in our state-by-state analysis of NCUA data.
Arizona credit unions reported the highest return on average assets in the country during first quarter 2012, according to the NCUA’s Quarterly U.S. Map Review. But despite 123 basis points worth of profit, things aren’t completely sunny in the Copper State.
I doubt that I am the only CEO who reviews the financial performance of my neighboring credit unions. So I’ll admit I’ve been watching one credit union in particular–they are of heightened interest because their parking lot adjoins our parking lot.