X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

At our examination last year, we received much lower grades on part of our CAMEL ratings due to our return on assets ratio. Our ratio is much lower in this category since we return about two and a half times as much of our gross income to our members in dividends as our peer group. We also pay a 15% interest refund to our members on consumer loans. Our net worth to total assets is 12.90% Our board of directors takes very seriously its responsibilities in returning as much to our members as possible. Whose credit union is it? Jeff Rush President/CEO Firestone FCU Akron, Ohio

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.