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.