Loan and capital grows at credit unions, making for a tremendous start to the year, Callahan says.
Credit unions appear to dislike the NCUA's revision of its proposed risk-based capital rule.
Credit unions are in a good position to ride the economic wave.
The industry's fourth quarter 2014 financials reflect a booming U.S. economy, according to Callahan & Associates.
A rising tide, especially an economic one, raises all boats, as the saying goes. Third-quarter economic trends found U.S. credit unions swiftly sailing toward a much brighter horizon, according to Callahan & Associates.
The consulting firm's third-quarter Trendwatch webinar reveals strong growth.
While all comments regarding the proposed rule support securitization authority, most also say the NCUA is too restrictive.
Critics say the NCUA's proposal to allow credit unions to bundle and sell their loans reveals a lack of secondary market expertise.
The increase in loan volume results in two consecutive quarters of total revenue growth, the industry's best numbers in five years.
Managing Partner Jon Jeffreys will lead the realigned firm after CEO Sean Hession took the president/CEO job at the Illinois League.