Articles

How Credit Unions Are Collaborating to Protect Their ROA

John Harris in Credit Union , Employee Benefits , ROA

Rising federal interest rates are intensifying competition for low-cost deposits, pushing up funding costs and compressing margins across the credit union industry. After peaking at 1.07% in 2021, credit union return on assets (ROA) is projected to fall to 0.80% this year. “You can’t grow loans as quickly when deposit rates are rising,” says Mark […]