Glatt, who is the son of the ex-president/CEO of Realtors FCU, said his firm will begin circulating its HealthScore report on a wider scale starting next week "based now on very challenging conditions tied to the corporate situation, the assessments and the tough economic climate in many parts of the country."

Echoing others on NCUA's delay in issuing its corporate restructure rules, Glatt said that while allowing more time is commendable since "the industry deserves a solid response," there is an unfortunate side effect for CUs and the corporate system.

"There is this fear of uncertainty of what happens until the next meeting and the delay just adds to it," he said.

The second quarter HealthScore data, he said, does show that while throttling asset growth has helped some CUs minimize net worth degradation and slow the decline in net worth scores, "the strategy may be having a negative impact on public perception regarding the value of credit union relationships."

Indeed, "a number of community/social media posts show an increase in complaints regarding credit union interest rates, a primary tool used for growth management," said Glatt, whose firm counsels a group of large CUs on financial strategy and mergers.