By Rex Johnson
We agreed to work with CU Business magazine because of their commitment to excellence. In my last article I promised to reveal a formula for growth and profitability that really works because I wanted to recognize what Elga Credit Union has accomplished and show you how this formula enabled two credit unions to perform well over the last few years in an extremely tough economic environment. Both credit unions are very, very successful and have experienced above average earnings and growth. What do these two credit unions have in common?