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The Credit Union Executives Society announced that it has added five new schools in 2012 to help credit unions improve profitability and keep their institutions strong.

“According to researchers at Bain & Co., ‘The odds of achieving sustained, profitable growth remain challenging: only about one in 10 companies worldwide managed to grow profits and revenues more than 5.5% over the 10 years ending in 2008, and earn back their cost of capital,’” states a 2011 Filene Research Institute study, “Credit Union Financial Sustainability: A Colloquium at Harvard University.”

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Peter Westerman


Credit Union Times

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