Guest Opinion: Margin Pump Up With Limited Options
While some believe the overall financial condition of the credit union industry has improved since a near collapse several years ago, the number of credit unions considered for conservatorship is still high.
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While some believe the overall financial condition of the credit union industry has improved since a near collapse several years ago, the number of credit unions considered for conservatorship is still high. The NCUA reports that more than 15% of federally insured credit union assets are troubled. In an economic climate that is yielding diminished margins for credit unions, it is not too far-fetched to believe that the balance sheets of many of these institutions could slowly bleed out if they do not embrace change.
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