Leverage the Expertise of Your Peers with Callahan Webinars
Every quarter Callahan & Associates hosts a complimentary industry wide webinar, we call Trendwatch. In this call we review the last quarter's data results and examine the opportunities in the current environment. Using real life credit union case studies we demonstrate how credit unions can leverage these opportunities to strengthen their place in the market.
Trendwatch 1Q 2013
Along with rising membership, credit unions are experiencing good loan growth overall and in first mortgage originations. Take a look at more of the results that Callahan Executive Vice President Jay Johnson will review in next week's Trendwatch webinars:
- Credit unions are playing an increasing role in lending in their local markets. Originating $80.5 billion in loans in the first three months of 2013, up 14.5% from the same period in 2012.
- Outstanding loan balances rose 5.4%, an accelerated pace from 4.5% at year-end 2012. New auto loans in particular saw strong growth of 11.4% as new vehicle sales continue to rise.
- Core deposits continue to grow as members flock to credit unions and bring their accounts. The number of checking accounts at credit unions also increased annually, as over 2.9 million additional checking accounts were opened in the past 12 months.
- Asset quality improved yet again at credit unions, with delinquency of 1.01% and annualized net charge-offs of 61 basis points. Both of these declined from the fourth quarter numbers of 1.16% and 74 basis points, respectively.
Trendwatch 4Q 2012
Watch the 4Q12 Trendwatch webinar and see how 4Q12 continued the momentum seen across the industry.
Trendwatch 3Q 2012
Watch the 3Q12 Trendwatch webinar and see how credit unions performed in the third quarter of 2012.