March 2019 Loan Growth at Credit Unions Slumps to New Lows
Jim DuPlessis in a May 06, 2019 article in cutimes.com reports that credit unions may be facing more difficulty meeting their loan growth and profitability goals.
Credit unions need to have management tools in place that track key balance sheet numbers and ratios so they can measure progress or lack thereof relating to growth, profitability and achievement of goals.
TCT Risk Solutions has a number of management tools useful for tracking profitability and goal achievement. One such tool TCT clients find helpful is its Vital Signs monthly report where a number of key data are tracked and progress can be assessed in a matter of minutes.