One of the premier publications produced by Callahan & Associates is Strategy & Performance, a quarterly magazine that highlights the newest trends and data from around the credit union industry.

As the industry emerges from the other side of a strenuous and uncertain year, it has arguably never been more important for credit unions to understand developing peer trends. With all of that in mind, we are thrilled to announce that the first quarter 2021 edition of Strategy & Performance is now available for download on CreditUnions.com, for clients.

All the data within this edition of Strategy & Performance is current as of March 31, 2021. This edition offers a wealth of insights into how credit unions fared early into the new year. As is always the case in Strategy & Performance, we include our Market Snapshot section, a showcase of how the industry fared, complete with updated numbers regarding credit union mergers, balance sheet metrics, and total credit union members.

Additionally, Strategy & Performance provides readers the current data trends on various areas of the industry’s balance sheet including auto lending, mortgages, investments, and even human capital, complete with updated data and visuals to highlight the progression of these trends over the past five years or more.

For a more specific look at how a given credit union is performing compared to peers in its asset range, Strategy & Performance also offers a performance scorecard organized by asset size, allowing for a more precise comparison.

No two editions of Strategy & Performance are ever the same. This quarter’s Strategy & Performance also includes:

  • A step-by-step guide on how to craft a powerful impact report.
  • How Will Lessons From The Pandemic Shape The Future Of Credit Unions?” by Jay Johnson, Callahan’s Chief Collaboration Officer. The piece examines whether the last year may impact how credit unions approach the years ahead.
  • An analysis of American 1 Credit Union ($552.1M, Jackson, MI). In this quarter’s “Anatomy of a Credit Union,” American 1 gives insight into how its refined auto lending strategy, as well as its DEI initiatives, keeps the credit union successful.

Click here to see the latest data, figures, and ideas that the industry has to offer in the first quarter 2021 edition of Strategy & Performance.

More Blogs

How Sales Teams Work More Efficiently In Peer Suite

How Sales Teams Work More Efficiently In Peer Suite

Is your team spending countless hours manually pulling reports and compiling data for your credit union prospects? Are you looking for a more efficient way to collaborate with your team and onboard new members? Callahan’s Peer Suite helps credit union suppliers...

Ultimate Benchmarking Guide For Credit Unions

Ultimate Benchmarking Guide For Credit Unions

What Is Benchmarking? Benchmarking is the interpretation and analysis of financial information in order to make direct performance comparisons to other credit unions, banks, and customized peer groups. It enables a credit union to track internal goals, identify...

How Interra Is Advancing Its Purpose Journey

How Interra Is Advancing Its Purpose Journey

Several years ago, the five-member executive team of Interra Credit Union ($1.7B, Goshen, IN) participated in a virtual learning experience from Callahan & Associates offered in collaboration with Harvard Business School Online.

3 Peer Group Types That Go Beyond Asset Size

3 Peer Group Types That Go Beyond Asset Size

While benchmarking your performance against asset-based peer groups has value, relying strictly on asset size for peer group analysis can skew your benchmarks by including credit unions that don’t share much in common with your institution.  Just take a look at this...

How To Address Board Concerns On Performance

How To Address Board Concerns On Performance

Navigating Tough Questions:   How to Address Board Members' Concerns about Financial Performance     As a credit union leader, you understand that one of your most important responsibilities is to articulate your credit union's financial performance to the board of...

CECL: Everything You Need To Know

CECL: Everything You Need To Know

CECL: Everything You Need To Know In 2016, the Financial Accounting Standards Board announced that they would change the methods financial institutions used to calculate and report charge-offs. This new regulation changed the method from an Allowance for Loan and...

4 Most Commonly Confused Call Report Codes

4 Most Commonly Confused Call Report Codes

Callahan's Tips For Correctly Reporting To The NCUA The NCUA’s 1Q22 5300 Call Report contained over 1,000 new, erased, and changed codes, leaving many credit unions in the dark on how to correctly report quarterly. As credit unions familiarize themselves with the...

Peer Suite Access Levels For Suppliers

Peer Suite Access Levels For Suppliers

Callahan & Associates is getting ready to launch four access levels within the Peer Suite for suppliers. Find out which access level is right for you.

How BCU’s Purpose-Driven Mindset Drives Growth

How BCU’s Purpose-Driven Mindset Drives Growth

Key Results from Sustainable Business Strategy   In the first quarter of 2022, a dozen BCU ($5.4B, Vernon Hills, IL) team members participated in Sustainable Business Strategy, a virtual-learning experience offered by Callahan & Associates in collaboration...

The owner of this website has made a commitment to accessibility and inclusion, please report any problems that you encounter using the contact form on this website. This site uses the WP ADA Compliance Check plugin to enhance accessibility.