2016 Credit Union Strategic Planning

Glatt Consulting is now scheduling 2016 strategic planning process/meeting facilitation. We have outlined our general approach to credit union strategic planning in this post to give you an idea of how we manage credit union planning sessions. We invite you to leverage Glatt Consulting’s 20 years of consulting experience to your advantage during your credit union’s planning session this year. Continue reading “2016 Credit Union Strategic Planning”

Credit Union HealthScore’s Steady Rise Shows Industry Strength

Wilmington, N.C. (March 18, 2016) – The Credit Union Industry HealthScore, a score grading the health and strength of credit unions, rose on a year-over-year basis by 2.48% to a score of 5.557, Glatt Consulting announced today. This was the eighth consecutive year-over-year improvement in the industry’s score, a clear indication of improved industry stability and overall health. Continue reading “Credit Union HealthScore’s Steady Rise Shows Industry Strength”

HealthScore Data Shows Long-Term Issues at Small Conserved Credit Union

Melting Ice Cubes

The National Credit Union Administration (NCUA) conserved Bethex Federal Credit Union last September, and ultimately liquidated the credit union on December 18, 2015. While the credit union’s long-time service as a community development financial institution was lauded, HealthScore trends shows the credit union faced a constant struggle to achieve stable financial health.  Continue reading “HealthScore Data Shows Long-Term Issues at Small Conserved Credit Union”

Glatt Consulting Offers Complimentary Key Ratios Download File

Key Ratios

Interested in a free spreadsheet containing key Q3 ratios for every federally insured credit union? We’ve got you covered. Download our complimentary key ratio spreadsheet and use it to sort, rank and filter credit union ratios to gain a better understanding of where your credit union ranks in comparison to the industry overall and to asset, state, and local peers. Continue reading “Glatt Consulting Offers Complimentary Key Ratios Download File”

HealthScore Identifies Potential Weakness Even As Credit Unions Strengthen Overall

Glatt Consulting’s Credit Union Industry HealthScore, updated to include 3rd quarter 2015 credit union financials, is 2.601. The score represents a .52% decline from the previous quarter’s score, but a 2.92% improvement in score from the same period one year earlier. Though scores continue positive year-over-year trends overall, the number of credit unions with scores reflecting underlying weaknesses has increased. Continue reading “HealthScore Identifies Potential Weakness Even As Credit Unions Strengthen Overall”