Financial Performance
NAFCU's Dr. Wai Offers Parting Balance Sheet Rx
Feb 06ARLINGTON, Va.-Over the next several years credit unions should pay close attention to signs of a rising-rate environment and prepare to take steps to protect their deposits.
Arizona FCU Returns From Life Support
Feb 02PHOENIX – Among all of the emerging turnaround stories for one-time troubled credit unions, none may be more impressive than that of Arizona FCU – a one-time $1.9-billion credit union which reported a $45 million net for 2011 after teetering on the brink the past three years.
Dover-Phila CU Pays Members $1.6-Million Bonus
Jan 31DOVER, Ohio – The more than 35,000 members of Dover-Phila CU received a year-end bonus dividend for the 17th consecutive year, this year totaling $1.6 million.
Dow Chemical Employees’ CU Gives Members $7.3-Million Payout
Jan 31MIDLAND, Mich. – Dow Chemical Employees’ CU paid its members a $7.3-million bonus, one of the biggest credit union payouts of the year.
North Island CU Completes Financial Turnaround
Jan 31SAN DIEGO – North Island CU, which teetered on the brink just two years ago after $103 million in losses for 2008 and 2009, reported a strong $17.8 million net for 2011, its second straight year in the black.
Texans CU Plunges Deep Into Red Ink Amid Huge MBL Charges
Jan 31RICHARDSON, Texas – Texans CU, a one-time $2-billion credit union being run under conservatorship by NCUA, followed up 2010’s $39.4 million loss with a loss of $88.7 million for 2011, one of the biggest ever for a credit union, NCUA reported yesterday.
More Financial Performance News
- Coastal FCU Pays $1.5 Million VIP Dividend
- Others Also Reporting Strong Q3 Numbers
- Net Income Statements Move From Red To Black
- New York CU Is First Failure Of 2012
- Troubled Silver State Schools CU Gets More Financial Assistance
- Another California Giant Reports Turnaround
- Return To Red Slows Huge Kinecta FCU Merger
- Arizona CU Giant Marks Turn-Around
- 2011 Was Banner Year For CUs
- Ent FCU Pays $10 Million Member Bonus
- Neighbors CU Pays Members $196,000 Bonus
- One Nevada CU Announces Loss For 2011
- Bethpage FCU Announces Record Year
- Pelican State CU Pays Members $172,000 Bonus
- Alabama’s ACIPCO FCU Pays 19th Consecutive Member Rebate
- Sierra Central CU Pays Members $1-Million Bonus
- DATCU Pays $364,000 Bonus
- Credit Unions Return $75M In Bonus Dividends
- Dannemora FCU Pays Members $226,000 Bonus
