GC’s Tom Glatt and Matt Griffiths had the pleasure of chatting with CU Broadcast’s Mike Lawson about our most recent HealthScore update. We covered score trends, potential issues with membership & loan growth, increasing credit union operating expenses, and two credit unions to watch.
Glatt Consulting’s Credit Union Industry HealthScore is a composite financial performance score reflecting the financial health of US-based credit unions. The HealthScore system calculates overall credit union health by scoring/grading credit union performance across seventeen different key ratios on a ten-point scale with ten indicating the highest possible performance. The HealthScore is published quarterly and is used by Glatt Consulting, individual credit unions, and media professionals alike to track, report on, and respond to industry-wide trends affecting credit union health.
The current HealthScore, updated to include 1st quarter 2019 credit union performance data, is 6.041.