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|March 25, 2015|
|TIPs Bulletin #15-06||Foreign Language Translation Forms Revisions|
|TIPs Bulletin #15-05||NCUA Issues Warning to Consumers about “National Credit Union” Phishing Scam|
|January 28, 2015|
|TIPs Bulletin #15-04||2014 Residential Mortgage Loan Report|
|TIPs Bulletin #15-03||HMDA/LAR Reports|
|January 16, 2015|
|TIPs Bulletin #15-02||2015 Information Returns and Disclosures|
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In delinquent loans as a percentage of overall loans, credit unions measure below 2 percent, while California banks are close to 6 percent, and banks across the United States are near 9 percent.
In loans as a percentage of shares, U.S. credit unions lead with a 68 percent loan-to-share ratio, while U.S. banks are trailing at 50 percent. California credit unions and banks measure very closely, with credit unions at 62 percent and banks at 61 percent.
The comparison in net charge-offs as a percentage of average loans is more neutral. California banks are at 0.48 percent, with U.S. credit unions at 0.74 percent, California credit unions at 1 percent, and U.S. banks at 1.25 percent.
Trends for capital as a percentage of assets are mixed. California banks are higher than 12 percent. U.S. banks register at 11.55 percent, but on a downward trend. Credit unions are close behind, trending up at 11.25 percent for the nation and 11.64 percent for California.
Capital growth currently appears to favor banks, with U.S. and California banks growing at 10.41 and 20.2 percent, respectively. Credit union capital growth is at 9.49 percent in the United States and 6.14 percent in California. The difference might stem from banks having more channels to grow capital than credit unions.
This data indicates the economic environment tends to favor institutions focused on small business growth—and at the same time, credit unions continue to focus on advocacy efforts to raise the member business lending cap from 12.25 percent of assets to 27.5 percent. In February, bipartisan legislation to raise credit unions' member business lending cap was reintroduced in the House of Representatives.
Additionally, leaders from seven California credit unions were interviewed for a nerdwallet.com report titled Small Business Lending: Advice from the CEOs of Financial Institutions. To read the nerdwallet.com interviews with KeyPoint CU CEO Brad Canfield, Redwood CU CEO Brett Martinez, North Island CU CEO Stephen O'Connell, San Francisco FCU CEO Steven Stapp, Travis CU CEO Patsy Van Ouwerkerk, CoastHills FCU CEO Jeff York, and Meriwest CU Senior Vice President and Chief Credit Officer Mark Antonioli, click here.
'POLICYWORKS' LAUNCHES THIS MONDAY
updated 05/22/15 10:33 AM
Also, New TIPs Bulletins Posted
Your access to PolicyWorks begins this Monday, June 1—a benefit that will connect your everyday regulatory compliance questions to an extensive network of experts who will provide the right answers.
COMING SOON TO CUs: 'POLICYWORKS'
updated 05/18/15 02:44 PM
Also, Two FinCEN Announcements
Members of the California and Nevada Credit Union Leagues will have access to an extensive network of experts to answer their regulatory compliance questions when the Leagues’ Research and Information (R&I) Department transitions to PolicyWorks on June 1.