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Glatt’s HealthScore Disputes First Quarter Hoopla, Especially for Small CUs

Don't pop the bubbly yet over strong financials, consultant says, there could be trouble ahead.

By Heather Anderson | Updated on June 06, 2013

Credit unions celebrating first quarter financials that suggest an end to the industry’s recession woes should refrain from popping champagne corks, said consultant Tom Glatt Jr.

Wilmington, N.C.-based Glatt Consulting’s Credit Union HealthScore shows that not only did the first quarter 2013 score drop compared to one year prior, the data also reveals some long-term viability issues that could continue to drag on industry success.

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