While ROAA is well above national average, dependence on government jobs could make New Mexico and its credit unions vulnerable to fiscal cliff.
They say everything is bigger in Texas, but one thing that wasn’t – the real estate boom and subsequent bust – has worked out for credit unions in a big way.
According to recent reports in The Wall Street Journal and other publications, Hawaii’s tourism economy is experiencing a big wave of double-digit increases in visitor arrivals and spending over the past year. However, Hawaii credit unions reported a flat return on average assets during first-quarter 2012, according to the NCUA’s...
Despite shedding jobs, cutting pay, trimming benefits, curbing services and expanding the tax base, the state of Rhode Island is in deep financial trouble, and credit unions there are doing their best to stay afloat.
Second-quarter NCUA stats show Aloha State credit unions waiting for the wave of returning tourism dollars to lift their fortunes.
If there was ever an argument that member business lending is good for credit unions, it’s in the state of North Dakota.
Washington credit unions took a hit to capital during the corporate credit union and financial crisis like everyone else, but it hit them harder because they had lower aggregate capital to begin with. Thankfully, the aptly named Evergreen State credit unions also have return on assets that has remained higher...
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.