Glatt Consulting’s Credit Union Industry HealthScore has been updated to included data from the third quarter of 2014. The score is now at 2.527, a -.54% decline from the previous quarter’s score of 2.541 but a 2.94% improvement over Q3 2013’s score of 2.455.
About the HealthScore
The 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 eleven different key ratios including Net Worth, ROAA, Operating Expense, Efficiency, Charge-Off, Delinquency, Loans, Deposits, Loan-to-Share, Asset Growth, and Membership Growth. Grading is based on a five-point scale, with 0 reflecting poor health and 5 reflecting exceptional health.
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.
Glatt Consulting’s Tom Glatt Jr. explores Glatt Consulting HealthScore trends and changes in a brief video presentation.
Score Change Charts
The following charts reflect year-over-year %change in scores. Chart lines in negative territory indicate a year-over-year decline in score. Click to view/download.
We offer credit unions a customized HealthScore report designed to provide credit union leaders insight into how their credit union’s performance compares to various segments of the credit union community.
In addition, we will also run custom reports for credit unions, vendors, and media professionals. Our custom reports have been used by credit unions to identify potential merger partners, isolate growing markets, track local competitors, and to track strategic performance. Vendors have used our reports to define target markets based on degrees of credit union health. Media professionals have used our reports to track general industry health, and the impact of proposed regulations on industry health.
Custom reporting is offered for a nominal fee, with fees determined by project scope. Contact Glatt Consulting to discuss custom reports for your organization.