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Centrix Loans Can Have Big Effect on CU ROAs, But ROA Swings Can be Tied to Many Things
By David MorrisonSometimes ROA can move in cycles. For example, the $1.1 billion First Community Credit Union, headquartered in Chesterfield, Missouri, saw its ROA drop from .67% at the end of 2005 to .29% at the end of March 2006, a fact the credit union attributed to routine purchases of investments.
