We recently saw a press release from a mid-sized credit union touting the launch of its latest new branch. You would think that a credit union highlighting yet another branch (they have a few) would be doing so after generating amazing results with the ones it already had. Well … not the case.
The chart below highlights the credit union’s HealthScore trends over the last few years. Keep in mind our HealthScore scale is 0-10 with 10 being high performing – and the industry average is 5.862.
And how about the table of results highlighting their component scores below? Low scores for earnings, operating expenses, and efficiency … and also for growth. High scores for some relationship metrics, but also an indication of concentration risk. This is probably not the best time to expand the branch network. Rather, this credit union should be working on cost reduction strategies along with strategies to drive deeper member relationships. All they did with this latest decision was add cost on top of cost. A rather risky proposition.
HealthScore Trend Table
Visit https://www.glattconsulting.com/healthscore/healthscore-trends to see additional details regarding score acronyms and trends.
Cycle_Date
HS
NW
SE
RA
OE
EF
DL
CO
TX
CS
RS
LA
DM
LM
BM
AG
LG
MG
03/31/2004
4.4706
7.5
7
3.5
2
6
3
1
9
6
3.5
4.5
4
4.5
6
8.5
0
0
06/30/2004
4.0882
7.5
7
3
2
6
2.5
1
9
6
4
5.5
4
4.5
6.5
0
1
0
09/30/2004
4.4412
7.5
7
4.5
2
6.5
2
1.5
8.5
5.5
4
5.5
4
4.5
6.5
1.5
4.5
0
12/31/2004
4.4412
8.5
7.5
5.5
1.5
7
2
1.5
8.5
2.5
4
6
4
5
7
0
5
0
03/31/2005
5.5588
8
7
8
1.5
8.5
2
1
9
7
4
5.5
4
4.5
6.5
9.5
0
8.5
06/30/2005
5.0294
8.5
7.5
8.5
1.5
8.5
2
1
8.5
5
4
6
4
4.5
6.5
4
0
5.5
09/30/2005
4.9706
9
8
8.5
1.5
8.5
2
1
9
6
4
6
4
4.5
6.5
2.5
0
3.5
12/31/2005
4.5588
9
8
8.5
1
8.5
2.5
1
9
2.5
4
6.5
4
5
5.5
0
2.5
0
03/31/2006
5.6765
9
7.5
5.5
1
6.5
3.5
1
9
4
4
6.5
4
5.5
5.5
10
10
4
06/30/2006
5.4706
9
7.5
6
1
7
3.5
1
9
1.5
4
7
4
5.5
5.5
6.5
10
5
09/30/2006
5.0882
9.5
8.5
6
0
7
4
1
9
1
3.5
7.5
3.5
6
5.5
1
9.5
4
12/31/2006
5.3529
9
8
6.5
1
7
3
1.5
9
3
3
7
4
5.5
5
6
7.5
5
03/31/2007
4.9706
9
8
5
1
6.5
3.5
1.5
9
4
3
6.5
4
5.5
5
4.5
0
8.5
06/30/2007
4.9412
9.5
8.5
2.5
7
6
3
1.5
9
4
3
7
4
5.5
4.5
0
2
7
09/30/2007
4.5294
9.5
8.5
5
1
6
2.5
1.5
9
3.5
3
7.5
3.5
5.5
5
0
2.5
3.5
12/31/2007
4.5
10
9
6
1
6.5
1.5
1
8.5
3
3
8
3.5
6
5
0
4.5
0
03/31/2008
5.1176
10
9
9
1
6.5
2
1.5
9
4.5
3
7.5
4
6
5
9
0
0
06/30/2008
4.8235
10
9
8
1
6.5
1.5
1.5
8.5
3.5
3
7.5
4
6
5
7
0
0
09/30/2008
4.6765
10
9.5
8
0
7
1
1.5
8.5
3
3
7.5
3.5
6
5
2.5
0
3.5
12/31/2008
4.5
10
10
7
1
7
1
1
8
3.5
3
7.5
4
6
5
2.5
0
0
03/31/2009
4.7353
9.5
9
5.5
1.5
8.5
0
1
7.5
4.5
2.5
6.5
4
6
4.5
10
0
0
06/30/2009
4.3824
9.5
9.5
0
0
8.5
0
0
7.5
6
2.5
6.5
4.5
6
4.5
9.5
0
0
09/30/2009
4.8235
10
9.5
9
1
9.5
0
0
7.5
5
2.5
6.5
4.5
6
4.5
6.5
0
0
12/31/2009
4.6471
9.5
9
6
1.5
9.5
0
0
7.5
5.5
2.5
6.5
4.5
6
4.5
6.5
0
0
03/31/2010
4.5294
9
9
2.5
1.5
8.5
0
0
7.5
4.5
2.5
6
4.5
5.5
4
8
0
4
06/30/2010
4.0294
8
8
0
1.5
9
0
0
7.5
2.5
2.5
5.5
5
5.5
4
8
0
1.5
09/30/2010
4.0294
8
8
0
1.5
9
0
0
8
2.5
2
5
5
5
4
6
0
4.5
12/31/2010
4
8
8
0
1.5
8
0
0
8
4.5
2
5
5
5
4
5.5
0
3.5
03/31/2011
3.6765
8
8
1
1.5
7
1
0
8.5
2.5
2
4.5
5
5
4
4.5
0
0
06/30/2011
3.5882
8
8
3
1.5
7
1.5
0
8.5
1.5
2.5
4
5
4.5
3.5
2.5
0
0
09/30/2011
3.7353
8
8
1.5
1.5
6.5
1.5
0
9
3.5
2.5
4
5.5
4.5
3.5
4
0
0
12/31/2011
3.9118
8
8
3
1.5
6.5
1.5
0
8.5
5
2
4
5.5
4.5
4
4.5
0
0
03/31/2012
4.8529
7.5
7.5
4.5
2
4
1.5
1.5
9
5
2
4
6
5
4
9.5
9.5
0
06/30/2012
4.5588
7.5
7.5
5
1.5
3.5
1.5
1.5
9
4.5
2
4
6
5
4
7
8
0
09/30/2012
4.4118
8
8
6
2
4
2
1.5
9
4
2
4
6
5
4
5.5
4
0
12/31/2012
4.1765
8
8
6
1.5
4
1.5
1
9
4
2
4
6
5.5
4.5
3
3
0
03/31/2013
3.8235
8
7.5
0
1.5
0
1.5
1.5
8.5
6
2
3.5
7
5.5
4
8.5
0
0
06/30/2013
3.4412
8
7
1.5
1
1
1.5
1.5
9
3.5
2.5
3.5
6.5
5.5
4
2.5
0
0
09/30/2013
3.2941
8
7.5
1
1
1
1.5
1.5
8.5
1
2.5
4
6.5
5.5
4.5
1
1
0
12/31/2013
3.3529
8.5
7
1
1
1.5
1
1.5
8.5
0
2.5
4.5
6.5
6
4.5
0
3
0
03/31/2014
4.0882
8
7
0
1.5
2
2.5
1
9
1.5
2.5
4.5
6.5
6
4.5
8
0
5
06/30/2014
4.1471
8
7.5
0
1.5
2
2.5
1
9
1.5
2.5
4.5
6.5
6
4.5
5
2
6.5
09/30/2014
3.7941
8
7.5
0
1.5
3
2.5
1.5
9
1.5
2.5
4.5
6.5
6
4.5
1
2.5
2.5
12/31/2014
3.9118
8.5
7.5
0
1.5
3
3
1.5
9
1
2.5
5.5
6
6.5
4.5
0
6.5
0
03/31/2015
4.0882
8
7.5
0
1.5
3.5
3
1
9
2.5
2.5
5
6.5
6.5
4.5
8.5
0
0
06/30/2015
4.0588
8
7.5
0
1.5
4.5
4
1
9
2.5
2.5
5.5
6.5
6.5
4.5
2
3.5
0
09/30/2015
4.0882
8.5
8
0
1.5
4
3
1.5
9
3
2.5
6
6.5
6.5
4.5
1
4
0
12/31/2015
4.0294
8.5
7.5
0
1.5
4
3
1.5
9
3
2.5
6
6.5
7
4.5
1
3
0
03/31/2016
4.2941
8
7.5
1.5
2
3.5
2.5
2
9
4
2.5
5.5
7
7
4.5
6.5
0
0
06/30/2016
4.1765
8
8
1.5
2
3.5
2.5
2
9
4
2.5
5.5
7
7
4.5
4
0
0
09/30/2016
4.2059
8
8
1.5
2
3
4
2
9
4
2.5
5.5
7.5
7
5
2.5
0
0
12/31/2016
4.0294
8.5
7.5
1
2
3
4
2
9
3.5
2.5
5.5
7.5
7.5
5
0
0
0
03/31/2017
4.2647
8.5
7.5
0
2
2.5
4
2
9
3.5
2.5
5.5
8
7.5
5
3.5
1.5
0
06/30/2017
4.2353
8.5
7.5
1
2
2.5
3.5
2
9
4
2.5
5.5
8
7.5
5
1.5
2
0
09/30/2017
4.2941
8.5
8
1
2
2.5
4.5
2
9.5
4
2.5
6
7.5
7.5
5
0
2.5
0
12/31/2017
4.2059
8.5
7.5
1
1.5
3
4
2
9
4
2.5
6
8
7.5
5
0
2
0
03/31/2018
4.9118
8.5
7.5
0
1.5
4
4
2
9
3.5
2.5
6
7.5
7.5
4.5
0
5.5
10
06/30/2018
4.4412
8.5
7.5
1.5
1.5
4
5
2
9
4
3
6
8
8
5
0
2.5
0
09/30/2018
4.3235
9
8
1.5
1.5
4
5
2
9
4
3
6
7.5
8
5
0
0
0
12/31/2018
4.2647
9
8
1
1.5
3.5
4.5
2
9
4
3
6
8
8
5
0
0
0
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