LENDING SOLUTIONS: What’s Actually Behind Your Flagging Earnings Conundrum? - The Answer Might Surprise You
BY LORRIE WOHLFEIL
Why should loan growth be a top priority for your credit union? Because when it comes to outperforming your peers, everything else hinges on such growth. “Credit Union Business’s” lending expert uses cases studies to illustrate the keys to growing both yield and ROA. Some of these strategies may not be what you think.
At Lending Solutions Consulting Inc. (LSCI), credit unions almost universally contact us for help with how to boost their return on assets.This has become the measure of performance for credit unions and is a tool to see whether you are outperforming or under performing against your peers.Much like receiving a passing grade in school, achieving a positive ROA is not an entitlement but it has become a manda...