Non-Interest Income Growing in Importance for Many CUs

Non-interest income has become the great equalizer for a lot of credit unions.

By Staff Writer | May 15, 2007 at 08:00 PM

SHREWSBURY, N.J. — Non-interest income has become the great equalizer for a lot of credit unions.

With margins tight and the need to continually invest in new products, service and facilities, credit unions are relying on non-interest income to boost their bottomline.

Sources include everything from ATM fees to selling logo-wear online.

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The below chart looks at the top 60 credit unions by non-interest income as a percentage of average assets.

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