X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON – Courtesy pay programs are leading the way in the growth of non-interest income for credit unions, according to the latest online survey by Callahan & Associates. The survey of credit unions representing 13.5% of the industry’s overall non-interest income in 2003 found that non-sufficient funds program fees were the largest money maker, followed by real estate lending fees, credit card interchange fees and debit interchange fees, in that order. The credit union industry recorded non-interest income exceeding $6.6 billion last year, the most ever and a 19.4% jump from 2002, Callahan figures show. The survey is online at www.creditunions.com/surveys/ new5300.asp and complete results will be distributed to all participants in mid-April, Callahan said. A Webinar on service revenue will be held Thursday, April 15, at 2 p.m. For more information, go to http://www.creditunions.com/ solutions/webinar/servicerev.htm.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.