Callahan provides 4Q13 Quarterly Performance Summary, two-year stats
Thursday, March 20, 2014
Carolinas credit union CEOs also have access to CUAnalyzer software.
Washington, DC (3/20/2013)--Credit unions in the Carolinas posted solid financial performance, exceeding some national trends, according to the 4Q2013 Quarterly Performance Summary by Callahan & Associates. The report, provided Friday to the Carolinas Credit Union League, is accompanied by a two-year financial comparison of credit unions in both states.
North and South Carolina credit unions reported 25.7% growth in loan originations, the Quarterly Performance Summary indicates, while credit unions nationally reported growth of 6.2%. Other positive findings include a 15-basis-point decline in delinquency, share growth exceeding the national average, and member growth of more than 122,000.
CCUL will post each new report at carolinasleague.org, updating members via e-communications when new information becomes available.
Fourth Quarter 2013 data also is available in Callahan & Associates’ web-based analytic tool, CUAnalyzer. With it, credit union CEOs can gauge performance with easy-to-generate charts, analytic text for key ratios, 5-star performance ratings, customizable peer groups, and more. Every quarter, Callahan analysts scrub and load NCUA 5300 data to provide timely, current performance details.
CUAnalyzer helps each credit union:
All credit union CEOs in the Carolinas have been setup with initial login for access to CUAnalyzer. Any questions related to access, the CUAnalyzer tool, or other services are welcomed by Callahan & Associates AVP Tim Taylor at 202-223-3920, extension 228.
- Understand financial ratios, with definitions for every measure;
- Identify credit union strengths and weakness;
- Easily generate charts and graphs for staff and board; and
- Create custom peer groups for results comparision with relevant credit unions.