Credit Unions Behaving Like Banks: Letter to the Editor
Consultant Mike Higgins says an ROA higher than 2% isn't a badge of honor, it's a shameful scarlet letter.
By Mike Higgins Jr.|September 16, 2014 at 07:52 AM
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I was confused. Surely, no member-focused entity would produce profit-mongering returns like that. I re-read both articles, just to make sure the information was correct. Unfortunately, it was.
Producing an ROA like what was mentioned in the articles is not a badge of honor, it is a shameful scarlet letter.
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